The last quarter Q4 1/4/15 to 30/6/15 Gage roads improved revenues by 16%.Moving into the warmer months this trend should continue.The effects here could be the appointment of director Mr Chris Baddock in Feb 15 the General manager of Pinnacle drinks a wholly owned subsidiary of Woolworths which is really a strategy from Woolworths.This appointment should also keep the other directors on their toes.We also had the sell down from the fund manager to basically asset value and in the screens they were selling like no tomorrow.The fund manger was buying well over 20c and has thrown their investors money to the wall that has presented an opportunity.Now that the fund manager has finished selling the unlimited reloading will have passed.Some of the reasons I have become interested in Gage roads at these prices.
GRB Price at posting:
5.2¢ Sentiment: None Disclosure: Held
