Ann: Company Restructure, page-2

No surprises - the new Board seem o be working through the pile of junk left behind by the CEO. Seriously, he could not manage a piss-up in a brewery!

Best explained here: https://www.brewsnews.com.au/2022/06/24/broo-confirms-liquidations-amid-restructure/

The final two assets are the land, which is fully encumbered with debt already, and the BROO trademarks which, given the history of this thing, are not worth much, if anything.

A sad ending but not unexpected - a lesson in what happens when you have no plan and flail around without any business acumen.