OLI 0.00% 1.3¢ oliver's real food limited

Ann: EG Deal Update, page-7

  1. 236 Posts.
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    You have to wonder whether if the EG deal falls over, the business is going to make it. JobKeeper, the emergency support loans and the cash flow boosts will all help, but the business was breaking even at best going in to this and wasn't sitting on a particularly healthy balance sheet, and it may take time for domestic tourism and road traffic to recover.

    Given that OLI's offerings are on the higher priced end, since consumer confidence and spending has taken a hit, perhaps the willingness of customers to pay up for OLI's healthier options might be somewhat diminished also.
 
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