There are a few exciting things to note from the past weeks price action.
- Share price is at a 10 months all time high
- OLI has broken out of major resistance without any news and gaps!
- Somebody, or a fund, is slowly and quietly accumulating. In this low liquidity situation, it's pretty easy to see. I'd estimate there have been about 4 million shares accumulated by sophis. This is the main reason why OLI is moving, one or a few people are trying to accumulate 200K-500k shares at a time. Do not think people who make those calls are crazy. As a money making business, OLI is worth 40M-100M. My own estimate and opinion.
- No news whatsoever. So what's happening now is likely to generate an explosion in share price, hence why the next window goes to 15c for me.
- What brings a stock to rerate? New operating model - like expanding distribution of OLI's products. Cash flow positive vs. losing money. Key business KPIs improving, cash burn reduction, savings... All of those explained in the yearly...
The market is clearly expecting some major good news in the 4c at the end of the month.
I wouldn't be surprised people who bought at IPO will be made whole in 2 years tops. Those who sold because they don't understand stock markets are long term markets, learnt a valuable lesson. It's looking extremely positive.
The key thing to understand is this: Why have we not gotten any news in December? Is it because it's so good, the whole quarter will be cash flow positive and beat expectations?
Happy new year to all that took a punt 6 months ago when the trend was to say OLI was going broke... 3 quarters later, it's cleaned up and cash flow positive with a 400% rise in SP LOL.
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oliver's real food limited
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2020 - Who is scooping shares and why?
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.866M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 500000 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 261222 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500000 | 0.008 |
1 | 1282465 | 0.007 |
1 | 2000000 | 0.006 |
2 | 900000 | 0.005 |
2 | 3250000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 261222 | 2 |
0.011 | 300000 | 1 |
0.015 | 300000 | 1 |
0.017 | 11105 | 1 |
0.019 | 52684 | 1 |
Last trade - 16.21pm 15/09/2025 (20 minute delay) ? |
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OLI (ASX) Chart |
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