BEE 0.00% 0.9¢ broo ltd

Ann: Withdrawal of Resolution at AGM, page-5

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 352 Posts.
    lightbulb Created with Sketch. 47
    Never being one to disappoint, here I go again.

    So a question to the acolytes: How do you draw an assumption that withdrawal from a capital raising initiative means the business is now cash-flow positive, when the last cash flow update showed a major cash-burn rate?

    Even if Mildura was going well early under new ownership (unlikely), the cash consumption for other projects and working capital need to be serviced?

    Please explain, or should we wait until tomorrow? I find the speed at which everything gets turned into a positive very energising, so thank you for that.
 
watchlist Created with Sketch. Add BEE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.