Business
Good Drinks (ASX:GDA) share price dips despite major contract extension
The Good Drinks Australia Ltd (ASX: GDA) share price edged lower today following the company announcing a contract renewal. At close of trade today, the Good Drinks share price dipped 1.2% to 8 cents.
Based in Australia, Good Drinks is focused on the brewing, packaging, marketing and selling of beer, cider and other beverages.
What did Good Drinks announce?
According to its release, Good Drinks advised that it has secured a long-term contract extension to Optus Stadium. The operating company behind the venue, VenuesLive awarded Good Drinks a further 5-year term commencing 1 January 2023.
The agreement will see the company continue to provide its exclusive beer and cider to sports and entertainment attendees. The world-class stadium…
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