OLI 0.00% 1.0¢ oliver's real food limited

Ann: Trading Suspension Update, page-6

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  1. 236 Posts.
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    We won't be able to tell until they release their next 4C report at the end of July.

    However, based upon the fact that operating cash flows were negative $1.358m for the March 21 quarter which given school holidays, summer etc you would expect to have been their best quarter, an injection of $3m won't last very long let alone get them to the positive working capital territory required to allow a relisting. Hence my comment above, this isn't coming back.

    Good on the ASX for standing firm and protecting potential investors.
    Last edited by taipan168: 04/06/21
 
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