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Community


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Online Share Trading

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Awethu Breweries Ltd

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JulzM
Regular Contributor
Will this Extra Micro Cap share shoot the lights out once they acquire a liquor licence and conclude their bottle store acquisition(s)?
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2 REPLIES 2
prancing_horse
Super Contributor
Years ago having a liquor licence was a licence to print money. Those days are long gone. Been in that game for over 30 years, being one of the founders of the "SPOT ON" francise. I used to have shares in quite a few and have sold off and closed all but one, the only reason is that my kids own the property and happy to pay them rent. Just too much illegal trade and most of the small owner outlets "hook" the VAT.I think they will remain micro maybe even turn to nano cap.
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kwagga
Super Contributor
Also not a war chest available for these aquisitions. Did you ever do a google search on the headoffice adress ? You get a house in a suburb.
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