yes, I think someone will buy the business from the...

yes, I think someone will buy the business from the administrators/recievers when that inevitably plays out.
The administrators will want to sell the business as a "going concern" so they will most likely close the non profitable stores immediately, and the new owner may end up with the bigger profitable stores like wyong. Someone may be able to successfully run a downsized olivers with only the most profitable say 6-10 stores, and under a private ownership model, where you do not incur all the onerous costs involved in being an asx listed entity and the costly compliance that goes with that. The brand may live on but current shareholders will get didly squat. Anyone who still holds from the IPO or the recent cap raise has a legitimate case for a class action I would suggest as they invested based on forecasts in the prospectus that were not remotely realistic.