Beer loving buyers stepping into the action after a solid news announcement

Potential Buy Entry Alert to Watch GRB

Time Frame : Daily

Sector : Food, Beverage and Tabacco

Key Stats : $93.06 Million Market Cap, VWAP 0.10, ASX Ranking 793, 4 Week Av Turnover $46,477, Current Turnover (Intraday as at time of alert) $313,537.

Company Overview : Gage Roads Brewing Co Limited (GRB) is an Australian-based company involving in the brewing, packaging, marketing and selling of craft brewed beer, cider and other beverages. A major customer of the company is Woolworths Limited. GRB has two operating segments, being brand brewing and contract brewing.

Broker Consensus : BUY


GRB – Gage Roads Brewery Co Limited

For the stock trading beer lovers, GRB is on the move with a release today showing continued growth triggering buyers into the action. We are now watching for a push through 0.105 and then the trusty higher low to provide the entry. If it does not play out, at least the beer is good.

Stock Code : GRB – Gage Roads Brewery Co Limited

Company Website : www.gageroads.com.au

Current Price : 0.10

Status : On watch for potential higher low and move through 0.145