Given they're paying the Mocka earn-out early, I don't think so. We also don't know what trade is like during lockdowns, but JBH and AX1 tell us to expect a 10-20% drop in revenues. Not sure ADH will be the same given it's strong online presence, but who knows.
This may be softened a little by the construction boom and subsequent purchases of household items.
Nevertheless, this sort of government policy can't last forever.
Jun'21 Trading Update, page-82
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Last
$2.07 |
Change
0.060(2.99%) |
Mkt cap ! $361.5M | |||
| Open | High | Low | Value | Volume |
| $2.03 | $2.08 | $2.02 | $718.7K | 348.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4720 | $2.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.08 | 13408 | 3 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| ADH (ASX) Chart |