I can't believe what this company has done in exiting manufacturing porcelain just as the $A falls renewing competitiveness and making imports expensive. Is management unable to read the macro picture?
Their factories are leased. Product range sorely underinvested in - yet the brands carry over $300m in goodwill.
And an on-market buyback to prop the share price.
Unbelievable.
I am in the market for sound manufacturing stocks and, boy, they are mighty thin on the ground. GWA looks like a complete dog.
Am I misunderstanding a grander strategy?
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$2.59 |
Change
0.020(0.78%) |
Mkt cap ! $686.8M | |||
| Open | High | Low | Value | Volume |
| $2.60 | $2.63 | $2.58 | $592.9K | 228.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19589 | $2.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.62 | 218 | 1 |
View Market Depth
| Last trade - 16.19pm 05/09/2025 (20 minute delay) ? |
| GWA (ASX) Chart |