OLI 0.00% 1.2¢ oliver's real food limited

Ann: Olivers' & EG enter into Master Franchise Agreement, page-30

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  1. 3,109 Posts.
    lightbulb Created with Sketch. 529
    why do people always think their share is being manipulated when they are sitting on losses. No one ever seems to say it when their stock is going up !!! The fact is, any share that has been heavily sold down over time through lack of performance, will get sold into on any demand that suddenly comes into play. It's just fed up long term stale holders taking the opportunity to get out. It happens with any stock in a similar position to OLI. And if OLI is to ever recover it is going to take a few good announcements first to get rid of all the historical supply that is hanging around. The fact is no one knows how good the latest announcement is as there are no specifics on what it is going to add to the bottom line - and the new business modeling with EG is low margin business - this is a fact. Yet low margin business scaled up can be profitable if they get the modeling right - so i guess we wait and see on that. Definitely great for brand awareness though. The proof in the pudding though will all be in the quarterly reporting and whether the numbers show that OLI is starting to make profits again. Until then the jury is still out . I hope it works because OLI stands for something positive - yet big mistakes have been made by the original management in the past (and those that followed) - mistakes that in many ways still haven't been fully owned up to (both parties blaming each other). Hopefully who they have in place now guiding the ship can turn it around. E .
    Last edited by ecneitap: 09/10/20
 
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