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Here s why the Good Drinks Australia (ASX:GDA) share price is gaining

The Good Drinks Australia Ltd(ASX: GDA) share price is up after the company released its unaudited annual results. Right now, the Good Drinks Australia share price is 8.9 cents, 3.53% higher than its previous closing price. Additionally, more than 2.9 million Good Drinks Australia shares have swapped hands today. For comparison, the average number of Good Drinks Australia shares swapping hands per month is 288,399.   Let’s take a closer look at the unaudited results for the 2021 financial year from Australia’s largest independent drinks manufacture. The financial year just been The Good Drinks Australia share price is gaining after the company released its results from a successful financial year.

Proof Drinks expands global presence

Proof Drinks expands global presence 9th June, 2021 by Kate Malczewski UK distributor Proof Drinks has launched in the Australian market, with an eye to further international expansion. Proof Drinks has opened a distribution branch in Australia The Australian branch is a joint venture between Paul Ferguson and James McDermott, owners of Proof Drinks, and spirits industry veterans Drew Doty and Craig Dearden, who will lead the new operation as managing director and operations director, respectively. “We have been looking to launch in Australia for a number of years, however, we needed the right partners,” commented McDermott. “Craig and Drew offer a wealth of experience to ensure the brands in the Proof Australia portfolio grow effectively.”

Crafting Opportunities One Chug At A Time

Crafting Opportunities One Chug At A Time Here’s cheers: the craft beer market offers plenty of upside to the discerning operators By Tim Boreham, Editor, The New Criterion Investors thirsting for an ASX beer exposure have been left largely unsated since Fosters/Carlton United Breweries and Lion Nathan were subsumed by foreign buyers a few years back. Coca Cola Amatil (CCL) has long held beer and spirits ambitions that have never quite come to fruition, but in any event the bottler looks headed to offshore ownership as well. But as any self-respecting hipster would know, all the action is taking place in the ‘craft’ or ‘boutique’ sector and some ASX players are moving to the groove of the burgeoning but difficult market.

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