TBH not really seeing it - this is more likely to be trading in the 10-20c/sh range where it historically resided prior to the brewery commissioning issues. The added pluses now are: east coast expansion (wasn't on the cards before), prestigious award-winning craft beers (little dove, single fin), no woolies blocking stake to get in the way of a takeover, management redeeming themselves with investors, business profits are growing, institutional investors now back on the register, some lucrative potential contracts in the pipeline (the potential stadium deal - if not that one, others), good hires for national sales team.
Having been following this for 5+ years, its still definitely in "beaten down" territory, in my opinion, the stock price was smashed as investors ditched after the brewery stuff-up. It looks to be the reverse now.
I saw someone on here the other day posting with great authority that it looked expensive at just below 4c/sh. Could be good to take a small profit on the entitlement from 2.5c/sh though, I can understand that - can't go broke taking a profit.
Time will tell.
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