Hello t/u, Valuation? Being in bed with Woolies is good but they will cut you to the bone. Woolies has also been cutting prices in their outlets over the last few months. Probably competition coming in and the downturn.Don't know about their liquor stores,(don't drink).GRB has never provided us with any figures regarding this deal. That in itself is disconcerting. Still they are not in business to make a loss so we wait and see. Have they finished the upgrade.How much are they producing, is Woolies taking and promoting (and selling) all they require.Is it popular. How is GRB progressing with its own clients?????? Its a boutique beer company with some notoriety and that is a trendy area to be in. My guess is it will take longer than we would all like but as long as it is moving in the right direction and Woolies sticks by them it will gain momentum. RAB
GRB Price at posting:
7.8¢ Sentiment: LT Buy Disclosure: Held
