1,2 or 3 Cents are not an option here. Olivers needs another Capital Raise. Production costs are also too high. Capital should be used to reduce the business size of the brand to a profitable level. More Australians will make holidays inland after the pandemic, so i think Oli is in a good position. Olivers is still burning ( shareholders) money and in my opinion not ready for Takeover... After a takeover at these levels, shareholders will have no chance to get their investment back.
Ann: Appendix 4C - quarterly, page-16
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.407M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 159249 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 46623 | 1 |
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| Last trade - 16.12pm 10/09/2024 (20 minute delay) ? |
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