Looks like EG is going to play hardball and use the...

Looks like EG is going to play hardball and use the circumstances of the shutdowns to its advantage as they would know that covid shutdown was a game changer and Ollies had to adjust, which they have. Likely they see an opportunity under the current scenario to reduce their offer and feel confident they can get it through. It's mercenary but its business though most unfortunate for Olivers and shareholders who have the double hammer of bushfires and now vulnerability due to covid. They may come to some new agreement within 5 days of the new circumstances, maybe for an new offer of 7 to 8c. The other option is to tough it out and hope Oliver's can get through, with a hopeful soon reopening of stores soon as clearly we have escaped the tragedy of what is happening here compared to other similar western countries and may be move back to business quicker. Last year Management did a stellar job and under the circumstances, they are still doing the same and I have faith in them that they will continue to do their best. The rise of the share price last year reflected that. Fingers crossed. Good luck to us all.