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0.9¢ broo ltd

Yes, Especially NOW, China will not be interested in giving any...

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31/12/20

14:16

Post #: 49885506
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Originally posted by NicMac78: ↑

You would think that they would be letting the ASX know all about the China deal. As according to their quarterly they just updated, they only have 1.58 quarters of funding left. That is even after a credit raise. They would be shouting it from the rooftops, letting all their shareholders know. Banks would be lining up to loan money to Kent, at the going rate of 3%. NOTHING! I am interested how the $2million dollar loan that is due in February is going to be renegotiated. They don't have the money to pay it out. Maybe it will be redone at 18%, potentially they will need to pay anything to keep this facility. Also their NAB loan that is secured against Mildura Brewery is due next year. NAB wouldn't be silly enough to reloan money, so how will Kent pay that back. So many questions regarding this company and so little answers given. I question how this company gets away with this. How come more questions aren't asked by higher authorities? People will lose, and have lost with Broo.

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Yes, Especially NOW, China will not be interested in giving any Aussie Company any money, Being that Aus and China are now having a Tiff on Imports and Exports etc. I have lost most of my investment , Averaged at 8.1 cents, so will go down with the sips, so to speak.
Really disappointed Kent is allowed to get away with all this.

BEE Price at posting: 1.7¢ Sentiment: None Disclosure: Held
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