GDA 1.82% 27.0¢ good drinks australia ltd

Wake up GRB directors ....you are wrong., page-16

  1. 984 Posts.
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    As a comparison using these figures of $1000/ barrel how does GRB stand up?
    In the last annual report page 2 showed we produced 12.8 million Litres of beer, 1 us beer barrel equals 117 litres .
    this equates as 109401.7 US barrels production and at $US1000 per barrel = $109,401,709.4
    convert this to Au $109,401,709.4 x 1.41 =$154,256,410.
    With 1,011,556,257 shares on issue puts a figure of $0.152 per share.
    Now added to this the growth we could expect in the figures so far this year and that could be $0.20 / share, so we are undervalued and should see at least doubling of current prices.
 
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