The risk to reward at these levels is good as the book value of the business is around 4c. Other positives include,
The new marketing officer is doing a great job in relation to brand awareness and is targeting the right areas of promotion such as Pop Up Bars, WA festival of Cricket etc etc.
Moving the product awareness program into Victoria by the end of September is probably why they just hired another member to help with this. We are also coming into the peak season of summer.
The quality control issue has been fixed.
Apart from the CEO, there is a lot to like about GRB coming of such a low base.
GRB Price at posting:
5.7¢ Sentiment: Buy Disclosure: Held