8% raise in SP today alone is pretty good! Hopefully get's up around the 13c mark (which I think is a fair valuation) soon enough.
With regards to "Has craft beer run it's course" I remember reading an article about this where the marketing director from GRB explained that they are planning for this due to the fact the market is seeing a slow change in the buying habits of the next generation. It stated that craft beer as been around for quite a while now and that many 18- 21yo's see their parents drinking it so they want something different, turning to tinnies of EMU export, XXXX etc. GRB are taking this into consideration which is where the Alby line comes into it, being designed as more of a "traditional" beer.
If anyone has access to the article I'm referring to would you be able to post?
TIA,
Cheers!
GRB Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held