Broo has slowed the stream of losses this past quarter to $137,000 with the help of government grants and a share placement as production scales down due to COVID-19.
Broo
Brews News Week #273 What’s The Tea?
This week on the podcast we see Lion become the victim of a cyber attack and new laws for online alcohol delivery could change the status quo.
Broo asked to explain share price spike
Beleaguered listed brewery Broo has been placed in a trading halt after the ASX queried a recent share price spike.
Brews News Week #268 The End is Nigh
This week on the podcast we see the release of the 2020 HPA hop report and the IBA faces its own challenges during lockdown.
Broo sales down and founder sells $400k of shares
Embattled ASX-listed brewer Broo has blamed COVID-19 for sales decline in third quarter, which also saw a $400,000 share sale by executive director Kent Grogan.
$1.3m losses at Broo
Revenues down a third and loss after tax has dropped further to $1.3 million in beleaguered ASX-listed brewer Broo’s half yearly results.
Share sales keep Broo afloat while new CFO buys in
Troubled ASX-listed brewer Broo has announced that it has narrowed its quarterly operational losses, while its new CFO has acquired a large parcel of shares from founder Kent Grogan.
Grogan nets $1 million in Broo share sale
Kent Grogan divested 10% of his voting power and has netted nearly $1 million in a share sale, the same day the beleaguered company committed to another share placing to improve working capital.
Brews News Week: Not Suitable For Kids
Pete and Matt cover a huge week in beer news, including the sale of GABS Hottest 100, IBA looking to join ABAC and drama with the NSW container scheme.
Broo’s Mildura Brewery ‘not for sale’
Broo has scotched media reports that its Mildura Brewery is for sale with founder Kent Grogan saying it will instead be investing in the facility.