OLI 7.69% 1.4¢ oliver's real food limited

Simply mind boggling, page-2

  1. 4,167 Posts.
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    It's definitely embarrassing and only accentuates the fact that OLI has no trust with investors, but I would also question whether it goes further than that.
    Why release an announcement at 3.45pm on a Friday with bad numbers and no commentary, which allows just enough time for selling into the close. The announcement couldn't wait 15-20 mins?
    Yet at 8.45am on Monday morning everything is peachy again, this time with a detail announcement about progress and a dressed up number of positive EDITDAI (how many more letters do they need to add to make a $1m?).
    I half expect this from Jason, given how the business has operated since I started watching it not long after listing, I was just expecting better from the new Chairman. I guess he gets add to the list of Directors who perform poorly for shareholders.
    How could you have any confidence in their future projections based on this experience?
    Last edited by jaluma: 29/07/19
 
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