TtTE,
I haven't seen the AFR report but WC hasn't necessarily exercised the option yet. Probably doesn't matter.
According to WC release of 9 May board of OCV IM is currently:
Jenny Hutson
Robert Pitt
Craig Wallace
http://www.wellcap.com.au/releases/9may_Octaviar_Acquisition.pdf
JH and RC are both also directors of WC. (I see this as a good thing if WC ends up being a good RE for the PIF) Hence two thirds of OCV IM board can wear two hats.
Too many journalists have got too much wrong in this saga.
Did the journo say who will be holding the July meetings - WC or OCV IM? Or are they just sourcing their info from stock forums and just as much in the dark as investors
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