OLI oliver's real food limited
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On further review of the company balance sheet and revised...

  1. spongebobby
    1,894 Posts.
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    27/05/18
    09:06
    Post #: 33323927
    On further review of the company balance sheet and revised earning guidance, believe we saw over correction of the company's SP, could be due to a number of factors including stop loss trigger, sell in May weakness.

    - The company is debt free and cash in hand INCREASED during the quarter to 5.6M.
    - EBITDA down to 3-3.3M from previously advised 4.7M does not warrant a 60% drop in SP.
    - Appointment of subway director will direct this into its next phase of growth.
    OLI Price at posting: 11.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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