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Oldfields Holdings Limited (ASX:OLH)

ALERT: Price-sensitive ASX Announcement for OLH
Current share price for OLH : $0.012 -0.005 (-29.41%)+
Announcement
Release
31 Oct 2025 4:07PM
Price at Release
$0.017
Full Release
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Summary
Oldfields Holdings Limited released its quarterly activities and cash flow report for the period ending 30 September 2025. The company reported a net cash outflow of $52.3k from operating activities, primarily due to payments for staff and administrative costs. The cash outflow from investing activities was $188k, associated with steel scaffolding purchases for major projects in Western Australia. Financing activities resulted in a net cash outflow of $95.5k, including borrowings and repayments. The report highlighted financial support from a major shareholder and outlined a strategic focus on growth initiatives, cost reduction, and process improvements. Oldfields aims to achieve self-funding status and enhance shareholder value through capital investment and operational stability.
Key Points
  • Net cash outflow from operating activities: $52.3k
  • Cash outflow from investing activities: $188k
  • Net cash outflow from financing activities: $95.5k
  • Major shareholder financial support: $220k for inventory and shipping
  • Scaffolding purchases for WA projects
  • Strategic focus on growth and cost reduction
  • Aim for self-funding and operational stability
  • Increase in cash balance to $774k by end of quarter
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.