OLI 31.3% 1.1¢ oliver's real food limited

Ann: EG Deal Update, page-7

  1. 292 Posts.
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    I believe Olivers will come up with some cash to keep the business going and with the lockdown easing, they will increase their customers. It will be delicate timing but I dont think they are completely beholden to the EG offer and may scrape through without it and that will give them some negotiating power. Jason Gunn may have some tricks up his sleeve to bring in some cash to get the business over the hump in case EG falls through or the offer is too harsh. Olivers have likely opened their most profitable stores and now they are trading and bringing in much needed revenue. I have bought back in today as I believe the fact that EG is still negotiating is a good sign. So hopefully some good news soon to us all though it may go either way.
 
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