Australia's largest stock trading and investment forum Australia's #1 stock forum

GRB

Click for more information

8.16%

5.3¢ gage roads brewing co limited

GRB quarterlies, page-17

First 17 Last

Share
Profile

Follow
Ryes

183 Posts.

25/07/17

17:06

Post #: 26070135
Share

Originally posted by Hoju ↑

Hi Ryes, I may have misunderstood the context but I believe it to be a reference to a previous issue in which retailers held a high balance of gage roads stock (namely Dan Murphys and BWS) and that was affecting sales and led to an underwhelming summer despite having just release little dove onto the market. This quarterly suggests that sales has grown and the high inventory previous held by retailers has now reduced and we can look forward to a bumper summer.

Just my own interpretation on the results. You can find the previous announcement from 28 October 2016

Expand

Cheers, good to know.

GRB Price at posting: 4.1¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

CXM

'Taking money from the market': Garbage giant cleans up as this week's Hot Stock tip

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

First 17 Last

Add GRB (ASX) to my watchlist