OLE olea australis limited

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  1. 118 Posts.
    Risks are that they are burning a lot of cash, hence the review they keep talking about.

    They tried to get too many things going at once, difficult for a start up operation. There are also a lot of smaller competitors just starting to move into supermarkets. However they are now selling in Coles. Their advantage of economy of scale won't kick in until most people are buying Oz olive oil.

    Upside is that some new directors who seem to have taken up the slack of the recent issue, and one is also the MD of Integrated Work Force, should be a useful addition.

    Lets hope they can get over the current cash flow problem, because they should have a good future.
 
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