Good Drinks Australia to Delist from ASX
Company Announcements

Good Drinks Australia to Delist from ASX

Good Drinks Australia Ltd (AU:GDA) has released an update.

Good Drinks Australia Ltd has announced its decision to voluntarily delist from the ASX, citing undervaluation by the market and aiming for greater flexibility as an unlisted company. The Board believes this move will better align the company’s valuation with industry standards and enable it to effectively pursue growth and value-enhancing opportunities. Shareholders will still be able to trade shares off-market and access company updates through a new shareholder portal.

For further insights into AU:GDA stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskGood Drinks Australia Shares Acquired by Moorgate Investments
TipRanks Australian Auto-Generated NewsdeskMoorgate Investments Acquires Significant Stake in Good Drinks
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App