GRB 8.16% 5.3¢ gage roads brewing co limited

well I can only judge them on what they have done and that is...

  1. 568 Posts.
    well I can only judge them on what they have done and that is sold a big 'bag" of securities ie all the directors have sold bar none and not one of them have bought any even at record low prices,pushed the share price to new all time lows, got kicked out of the All Ords,threw out 140k of cartons of beer,incurred more debt,ramped up production of stock that they cant sell,implemented a sales strategy that has,frankly,failed (no it was an epic fail) and lost one of its founding brewers. Now I accept when commissioning new equipment there will be teething issues but 140k cases of beer worth over $1m thrown out and during this time all the directors were selling their shares and if you have to judge Olsen on this comment from the annual report "The upcoming summer demand will provide an exciting challenge for the business as we
    have not yet produced at this run rate. The successful implementation of the new capital
    equipment has positioned the Company well and we look forward to meeting this challenge.” I would say he failed in meeting this challenge...and we are expected to support him. I don't think so!!!
 
watchlist Created with Sketch. Add GRB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.