GRB 8.16% 5.3¢ gage roads brewing co limited

Ann: Appendix 4C - quarterly and Progress Report Q2 FY18, page-8

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  1. 6,277 Posts.
    lightbulb Created with Sketch. 112
    And this from the announcement
    Quote:

    “The Company invested in $0.8 million in capital infrastructure, predominantly increasing the keg float required to support growing draught sales.”

    That reduced cashflow for this half by $800k
    Not a recurring expense
    This too will reflect in the next half.
    All good!

    Provided there is not an overall sharemarket downturn,
    the shares should move above the 10 cent level in the near future.
    And then the minimum buy/sell quote, move, is 0.5 cents instead of 0.1 cent.

    Bring it on.
 
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