Contemporary issues in accounting Analysis 2022

Running head: CONTEMPORARY ISSUES IN ACCOUNTING
Contemporary issues in accounting
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1CONTEMPORARY ISSUES IN ACCOUNTING
Executive summary
Main objective of the report is to analyse the share price movement of ASX listed company Broo
Limited for the last 2 years which is engaged in selling unique type of Australian beer and
distinguish itself from the competitions through its strong brands, unique platform of marketing,
company ethos and quality of beer products. the task will highlight different events that greatly
impacted the company’s share price.

2CONTEMPORARY ISSUES IN ACCOUNTING
Table of Contents
Introduction......................................................................................................................................3
Analysis...........................................................................................................................................3
Share price movement.................................................................................................................3
Raising fund through share placement........................................................................................4
Appointment of Mr. Mathew Newborn as Non-executive director.............................................5
Changes in director’s interest......................................................................................................5
Response to the price query of ASX............................................................................................6
Dividend policy...........................................................................................................................7
Release of Options and Shares from Escrow...............................................................................7
Broo secured major distribution network of China.....................................................................8
Conclusion and recommendation................................................................................................8
Reference.....................................................................................................................................9

3CONTEMPORARY ISSUES IN ACCOUNTING
Introduction
Worth or total market value of a company is known as its market capitalization or the
market cap. This is represented by stock of the entity multiplied by number of outstanding
shares. Share price of any entity is determined though the demand and supply in market that is
driven generally by technical as well as fundamental analysis. Market value of the entity is
changed in every second with the fluctuation of shares in market. Fall or rise in the share price
has direct impact on the entity. Falling of share price can make it difficult for the entity to raise
the funds for paying the future expansions whereas the increasing share price provides more
flexibility regarding raising of money from shareholders. In this task the share price information
for the ASX listed company Broo Ltd for the past 2 years will be analysed.
Analysis
Share price movement