BRO 0.00% 0.2¢ broad investments limited

announcement

  1. 277 Posts.
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    Well, despite waiting for updates on numerous other company ventures, we actually get an announcement about an acquisition of another technology business which is partly funded by 395 million new shares issued. How may shares are there now? A Trillion? As a result of this acquistion they are anticipating better results than orignally forecasted.

    So we here nothing about all of their other businesses? If they can't get the fundamentals of their core business, or mining, or technology, or whatever else it is that they are doing right, then why acquire another business? I'm lost and have no idea what this company is actually doing other than allot of nothing. They seem way to widespread and thin, with no overarching vision or strategy.

    There may be life in this old dog yet, although it's a real punt. They never cease to amaze me.
 
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