Has anyone noticed in the sell queue there is a top twenty share holder trying to sell 5,000,000 shares at .02c. They know that this company is up shite creek and going no-where fast. Before any positive patty comes out, the top twenty are not hedge funds or banking institutions. The top twenty are made of individuals who would be crying because of buying in at all time highs and selling for nothing (apart from our best mate Kent Grogan). All of the beer that is being sold off at amazing prices because it's going out of date. The Ballarat land sale is precarious to say the least. Sounds great in a announcement that could have been written by a toddler, however the detail is seriously missing. If the big boys in the know want out, that is a very telling sign! Kent needs to do another run with CUB very soon, so he needs another loan or credit raise. He has proved that Broo is not a sellable beer as he couldn't get rid of the last lot of beer, so what's going to be different with the next CUB run. If this Ballarat property sells he will spend that money at a rate of knots. With this company's record of losses, the land sale proceeds won't cover Kent Grogan's spending for another 6 months. Best of luck to all sellers, commiserations to those who chose to put their hard earned money in this company.
BEE Price at posting:
1.6¢ Sentiment: Sell Disclosure: Not Held