There'll definitely be a trade to be had in Oliver's (OLI) at some point during the next few days. Disappointing update absolutely tanked the SP today but nonetheless, they have a fair few stores (26 I think?), about $36m in annual revenue and quite a low market cap after that drop.
I've only had a quick look over it and made a minimum position size "high-risk" entry @0.11 so please DYOR. Would need to watch it for a few days and do more research before buying more.
SOI = 212m (with over 70m of those escrowed til the middle of next year)
MC = $23m
Cash = $~5m
There'll definitely be a trade to be had in Oliver's (OLI) at...
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Last
8,015.2 |
Change
62.900(0.79%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,952.3 | 8,015.2 | 7,952.3 |
| XAO (ASX) Chart |