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8.16%

5.3¢ gage roads brewing co limited

You forgot to add inflation Woodie

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sabine

5,305 Posts.

459

28/10/18

20:24

Post #: 36290593
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Originally posted by woodie ↑

As a comparison using these figures of $1000/ barrel how does GRB stand up?
In the last annual report page 2 showed we produced 12.8 million Litres of beer, 1 us beer barrel equals 117 litres .
this equates as 109401.7 US barrels production and at $US1000 per barrel = $109,401,709.4
convert this to Au $109,401,709.4 x 1.41 =$154,256,410.
With 1,011,556,257 shares on issue puts a figure of $0.152 per share.
Now added to this the growth we could expect in the figures so far this year and that could be $0.20 / share, so we are undervalued and should see at least doubling of current prices.

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You forgot to add inflation Woodie

GRB Price at posting: 10.0¢ Sentiment: None Disclosure: Held
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