"The supply agreement allows for the exclusive sale of Gage Roads draught and packaged products at Optus Stadium and Stadium Park. In exchange, Gage Roads provides annual rights fees, volume rebates and sponsorship fees to the operator.
The stadium strategy is a significant and additional part of the Company’s marketing investment. However, at expected attendance levels and consumption volumes, the return on sales offsets the costs to the extent that the stadium strategy is not expected to have a net material impact on the Company’s earnings. "
GRB Price at posting:
8.6¢ Sentiment: Hold Disclosure: Held