Headline numbers had largely been pre-reported, and our forecasts are little changed on the release of full financials. Good Drinks continues to grow volumes and market share in an overall market that is declining, supported by an efficient production facility, and a large national sales, distribution, and marketing platform. This will get recognised via a higher share price in time and we maintain our BUY call and $0.68 valuation.
To access the full report please log in under the Client Area at the bottom of this page.
Argonaut’s Client Area allows you to view delayed share prices, access Argonaut’s wealth of Research as well as create custom portfolios and set up company watch lists.
If you would like to access our research please contact us to create an account.