Australia's largest stock trading and investment forum Australia's #1 stock forum

BEE

Click for more information

0.00%

0.9¢ broo ltd

china invests big in broo, page-20

First 20 Last

Share
Profile

Follow
charlie green

10 Posts.

04/12/17

15:01

Post #: 29352671
Share

Originally posted by Farnarkling ↑

That's a harsh call abmat.

Frankly I would also back self interest over pretty much everything else - at least you know Kent is committed.

My conundrum is the strategy of Broo. It's hard to fathom why they are bothering with the hospitality bit.

Also, just to correct you, the BrewsNews mention of the capital raising was sort of correct, but it was not a capital raising, per se. Broo was seeking approval to issue more shares as the rules of the ASX limit how many new shares can be issued in a given period. The second step would be a capital raising, but the first step was withdrawn just before the AGM.

The question which was not answered, is how are they now funding the business when cash from the IPO and the subsequent Ballarat land purchase/debt was almost depleted?

Of course the answer will be published in the next Appendix 4 Quarterly Update, so unless it was disclosed at the AGM, and someone there is on this board, we'll have to wait until the end of February.

Expand

HI Farn, why the end of Feb. Wouldn't that be the end of Jan for reporting on the De3c quarter?.

BEE Price at posting: 27.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

OCC

Orthocell kicks off collagen-based dental bone repair product sales in Canada; eyeing next stop Brazil

QML

Metallurgical testing shows saleable copper and pyrite from QMines' Develin Creek project

PRU

Perseus Mining boosts stake in Predictive Discovery to 19.9% as latter's flagship project stalls

RMX

Red Mountain Mining: record gold prices, two projects, two greenstone belts

CBA breaks trading record on strong day for Aussie financials

LAM

Laramide sniffs prime Kazakh uranium, with agreement over 6000 square km land position

Week 36 Wrap: AI hype wave tested again; Oz per capita recession continues; AirTrunk’s $40B+ payday

SBW

Shekel Brainweigh investor presentation webinar – the future of retail automation

BIT

HotCopper users blunt as Biotron sinks -35%; long-awaited COVID drug results same as placebo

As Nvidia cools, we're looking to Aussie AI

There are more pages in this discussion • 13 more messages in this thread...

First 20 Last

Add BEE (ASX) to my watchlist