Discovered just now when checking my Commsec account that Broo is no longer listed on the ASX.
When a company is removed from the ASX or changes its code, the result is rather Orwellian: it’s as if it has ceased to exist and never existed. Finding information about it needs to be done by other means than just your stock broking app or the ASX website.
As it turns out, an announcement last Monday was made by ASX compliance that as it has been suspended from trading for two years, it is removed from the ASX list.
The listing itself was one of the few items of value remaining as a tangible asset to Broo. This makes it coming back in some form ot other that little bit harder.
Ain’t I glad that I did not participate in the float at 20 cents per share 8 years ago.
Lost For Words! 