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1.0¢ oliver's real food limited

If you are in contact with the current management of OLI, I...

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taipan168

236 Posts.

92

10/03/21

14:07

Post #: 51660389
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Originally posted by plough: ↑

I do not know its a fact in this case but I do know from personal experience of a landlord who would only take a personal guarantee with the tenants house as security rather than a lean against the newly listed retail company the person was the sole director of .
That person then sold the company to another individual who did not have a house , instead the new business owner had to put a some of money equal to 2/3 of their annual rent into a trust account as security for the landlord , so on both cases the company did not act as the security for the landlord .

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If you are in contact with the current management of OLI, I would strongly encourage them to engage a leasing consultant to help renegotiate the leases. It is a very tricky thing to do to get landlords to reduce the rent to a sustainable level and quite a high stakes game too.

OLI Price at posting: 5.9¢ Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 1.0¢		Change 0.000(0.00%)		Mkt cap ! $4.407M

Open	High	Low	Value	Volume
1.0¢	1.0¢	1.0¢	$235	23.52K

Buyers (Bids)

No.	Vol.	Price($)
5	107498	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	50000	1

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No.	Vol.	Price($)
5	107498	0.010
4	577776	0.009
2	231222	0.008
1	200000	0.007
2	333334	0.006

Price($)	Vol.	No.
0.011	50000	1
0.012	45000	1
0.013	114190	2
0.014	16679	1
0.015	46442	1

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