Embattled ASX-listed brewer Broo is pinning its domestic sales hopes on a Queensland distribution agreement which it says will have a 2 million litre sales target.
Beleaguered brewer Broo has raised $400,000 in a share issuance as it insists negative operating cash flows will be rectified in coming months.
ASX-listed brewer Broo’s run of losses has continued, though the company has posted a smaller loss for the last quarter.
Battling brewer Broo has today released its half-yearly results showing a net loss for the half year of more than $1.8 million.
Publicly-listed brewing operation, Broo, has been forced to confirm to the Australian Stock Exchange that it has complied with its disclosure requirements following today’s significant, unexplained share price jump.
This week on Brews News Week we welcome Pete back after a break and talk about the news of the week, including: the Bintani sale, Lion job cuts and Broo.