BEE 0.00% 0.9¢ broo ltd

Ann: Notification regarding unquoted securities - BEE, page-5

  1. 351 Posts.
    lightbulb Created with Sketch. 47
    Overstating asset values means they don't have negative equity in the balance sheet - Putting them on the market means the Directors can have a "reasonable belief" that the company is solvent because they will likely be sold. It's all part of the game with this company. Simple.
 
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