Half year report is VERY positive.
Biggest concern has been the $2 Mil to be repaid to TTY on the 27 June 08.
Seems like they've got plenty of overdraft to pay this off with both a $750k overdraft with the NAB, a $7.5 Mil equity standby agreement, and OLY has received a commitment from a broker to assist in the equity raising of up to $5 Mil.
Based on the above I'd doubt the directors are going to reccommend the TTY takeover offer, plenty of upside to this now - TTY threw the bid in now realising things have just turned the corner - I unfortunately think they've waited a few weeks too long.
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Last
9.5¢ |
Change
-0.001(1.04%) |
Mkt cap ! $10.02M | |||
| Open | High | Low | Value | Volume |
| 9.6¢ | 9.6¢ | 9.5¢ | $5.201K | 54.39K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 160000 | 9.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 143338 | 1 |
View Market Depth
| Last trade - 16.10pm 19/09/2025 (20 minute delay) ? |
| OLY (ASX) Chart |