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31.3% 1.1¢ oliver's real food limited

Oops, looks like I was wrong!As far as I'm concerned, the only...

  1. taipan168
    236 Posts.
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    26/02/21
    19:00
    Post #: 51374542
    Oops, looks like I was wrong!

    As far as I'm concerned, the only feasible next step is the appointment of voluntary administrators. It's laughable that they're talking about a turnaround/cost reduction plan in the accounts, it's way too late for that.

    My initial estimate that they would be out of cash in 6 months is optimistic I think. With the end of JobKeeper, I think that administrators will be appointed by the end of June at the latest.
    OLI Price at posting: 5.9¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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