Duh Duped,
"(Taking all the upside for themselves to recoup losses and dispensing with existing shareholders."
With this type of attitude ...little wonder you get your nic..DUPED..
If our board had your attitude I doubt OCV would be getting the support from creditors...silks..the media...
It is a blessing that everyone depends on the others or we ALL LOSE ...
Just think of this as a TEST case for Australian companies and we are the TEST super fund holders, SHs etc...
What is the best way to deal with the present economic disaster... OCV SP disaster ...Trade wars?...court proceedings?..blame games?..
No -one would take responsibility for a company in these volotile markets...I wouldnt want to because all the poor 'duped folk' would want to linch me for something uncontrollable...the falling market.
The bond case may have cost a billion but it did not save the co or the SH values or change the way things are done...[I must admit that I know very little re the bond saga so correct me by all means].
After considering all the complex contributing factors to the undoing of OCV.. there must be a better way..
According to JH...
"A lot has happened in the last month," said Ms Hutson. She said the trustee is calling a meeting of noteholders to discuss their views."...
Australian Super funds have lost around 30% in this market so IF JH can succeed PIF might join all the rest of them...
down but waiting for clarity and positive sentiment to return to the markets.IMO
Of course CS is 'campaigning'...we need positive sentiment to prevail...Our assets are not destroyed or faulty...they are great.
He is trying to RESTORE VALUE.. imho
OCV
octaviar limited
no signs of malfeasance in ocv undoing, page-7
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