OLI oliver's real food limited

I cannot believe the emotional dribble written about this penny...

  1. 91 Posts.
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    I cannot believe the emotional dribble written about this penny dreadful stock.

    In my opinion they will run out of money and will have to go for another capital raising from shareholders or seek funding from a private equity firm and if this happens existing shareholders will be heavily diluted. Then watch the share price.

    It looks like Fund Managers have bolted but Mum & Dad investors (who know best with their emotional twaddle) are left to stay. Why don't they get it? the professional investors have gone and they remain in!!!!!. I will tell you why because Mum and Dad love penny stocks, they can tell their friends they have 10,000 shares (but they do not tell them it only cost them $1200.)

    My understanding is the Wyong north site Sydney to Newcastle has the biggest turnover and maybe profit??? But when I drilled down I found out that it is a natural 2 to 3 hour drive north from Sydney and where you needed a toilet stop, coffee and to stretch your legs and in most cases to keep Mum and the kids happy. Apparently the South bound site Newcastle to Sydney is a lot less busy.

    Insofar as the other sites go my research shows "truckies" still like a pie & coke for lunch and plenty of schooners at night, so the dribble about truckies wanting to get healthy food is just plain dribble. Have a look and count truckies, how many fat ones do you see and how many skinny ones do you see???

    Not only that Oliver's food is too expensive and kids love McDonalds with all the advertising they do.

    The other sites do a lot less volume and Oliver's sales are down as per their own announcement recently. If Oliver's was so good why are there sales not up????

    Jason Gunn's mantra about everyone wanting to eat healthy is just a plain nonsense.

    In my opinion wait for the next capital raising and see where the share price goes and I don't think it will be up. do you?

    Honestly read some of the emotional postings with no facts but "I am buying now because the share price has dropped and it's low" WHAT REALLY!!!!!!

    I keep saying fingers are going to be burnt here. A fool and his money are easily parted.
 
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(20min delay)
Last
0.9¢
Change
0.000(0.00%)
Mkt cap ! $4.866M
Open High Low Value Volume
0.9¢ 0.9¢ 0.9¢ $275 30.50K

Buyers (Bids)

No. Vol. Price($)
2 54781 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
0.9¢ 34734 1
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Last trade - 16.10pm 18/09/2025 (20 minute delay) ?
OLI (ASX) Chart
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