Increased our NPAT nicely and our revenue from last qtr, as we are shifting towards selling of the gage roads products, and shifting away from contract brewing. This seems to be the right play at the moment, as our beers are selling quickly. We increased our cash to 2+m and we are looking safer every qtr. Yes we have almost exceeded our debt limit, but with interest rates low, and we have turned back to profit, i don't see a reason why we would pay them off anytime soon.
Our beer sales will bring a greater margin of profit in the future and i feel this is the right direction to go. Overall i found the qtrly very positive, and very surprised of the sell down.
GL all
GRB Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held
