Oli has no lollie. The documented facts by Oliver's themselves...

Oli has no lollie. The documented facts by Oliver's themselves in the ASX press announcements tells the story of how Oliver's has spent/blown $21.770 million dollars of O.P.M. (other peoples money) known today as shareholders investors. Every profit forecast has been wrong. Oliver's losses continue.

Rather than expanding the roll-out as promised in the I.P.O. Oliver's is retracting as they close stores.

This woeful performance must rest squarely with the Management of the company and being sucked into believing in Jason Gunn's vision and strategic direction which has failed to date.

Perhaps worse for shareholders is Jason Gunn has returned and is now back in charge and with the $21.770 million dollars now gone. Jason has had a "light bulb moment" and announced through the ASX press release that he would lend Oliver's $500,000 to prop up the ailing company by selling some of his shares!! I personally have no confidence in his future performance.

NZtrader is now in play (the chart analysis expert) predicting great times ahead for the share price. NZ trader said on the 28 August 19 (when the share price was 4.4 cents) that the share price would rise to 6.8 to 7.2 cents within 2 weeks.?? here we are 2 weeks later and the share price is still at 4.4 cents!!! What does that tell you?

Obviously my offer to run naked down the main street of Sydney if the share price rose to those levels will not be happening. Confidentially, I didn't even bother doing any training runs for this event as it was "pie in the sky" fantasy stuff as most of you will understand.

What does concern me is NZtrader posting on 3 September saying "my holding is not small by any stretch of the imagination". To me personally I consider this smacks of pump and dump tactics, but of course that is up you to decide.

Sorrynotoz tried the same trick or tactics on 29 May 19 (go back and have a look) when the share price was 3.4 cents. He assured us all that his charts said "it will rise to 6.9 to 7.2 cents a few weeks out and 11 to 10.5 cents a few months out. Well what happened-------nothing!!! Of course you must make up your own mind on who and what you believe.

This penny dreadful stock has a lot of very disappointed shareholders out there who have lost a lot of money.To me personally the future looks grim.

But as always to all investors it is your money, your decision and you can make up your own mind how you spend or invest your hard earned cash.