Positives: OLY can now fully repay the Territory Loan, and adds extra $$$ to keep things up and running for a few more months, will be interesting to see the revenue generated over the next quarter. Kiernan must be kicking himself now - more cheap shares on the market, wonder if MK will take up the rights issue???
Negatives: The independents valued OLY at 20c+, a bit rich of them to come back and push out a rights issue at 7c based on that valuation - obviously they had no alternative so egg on Mangements face at the moment.
OLY Price at posting:
0.0¢ Sentiment: None Disclosure: Held