As at 15th January, Oliver's still has stores that are closed and have been closed for the entire peak trading period (https://www.oliversrealfood.com.au/pages/store-locator). Some of it's traditionally biggest holiday traders (Gundagai, Goulburn, etc.) as well as a number of other locations across VIC and NSW were closed for business for the critical 2-3 week Christmas / New Year sales period. Some have not yet re-opened.
This is bound to have a negative material impact on revenues. Customers will now be conditioned to seeing the Oliver's stores CLOSED FOR BUSINESS and may not return.
- Is a extraordinarily poor financial result on the horizon for this quarter?
- Is OLI able to service its large debts and pay its creditors (starting with the short term, high interest $5M loan from Pure Asset Management)?
- What are the new "independent" board members doing, if anything?
When will the management of Oliver's show some transparency and provide advice to the ASX, shareholders and potential shareholders as to what is going on?
As at 15th January, Oliver's still has stores that are closed...
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.866M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 89763 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 261222 | 2 |
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| Last trade - 15.01pm 15/09/2025 (20 minute delay) ? |
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