Good Drinks Australia Ltd (AU:GDA) has released an update.
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Good Drinks Australia Ltd is set to delist from the ASX in a bid to unlock greater value for shareholders by focusing on its proprietary brand growth strategy. The company aims to boost its sales volumes from 15 million to 18-20 million litres annually, seeking a valuation more aligned with industry metrics. This move reflects dissatisfaction with its current market valuation and the constraints of being a listed entity.
For further insights into AU:GDA stock, check out TipRanks’ Stock Analysis page.
