OLI 8.33% 1.3¢ oliver's real food limited

Ann: Response to ASX Aware Query, page-21

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  1. 1,156 Posts.
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    Terrier, do you realise that in the last financial year, most of the stores were franchised out and the franchisee was keeping the bulk of the store profits? Since then, OLI has bought almost all of the stores back and now will retain those profits, which is why the forcast NPAT for this current financial year is for a profit of around $4.5 million. OLI reiterated that they are on track to achieve this in the recent announcement. Any way I look forward to this afternoons conference call at 2pm which should give us all further information on where OLI is heading.
 
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