OVH 0.00% 43.0¢ onevue holdings limited

Ann: Update on Sargon receivable, page-5

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  1. 283 Posts.
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    It does show there were plenty of people in the 'know'. However there are positives in it. 8% return with increased security is probably a better return than would be likely if OVH made any acquisitions with the money. Of course the dividend goes out the window for now but at least we can monitor the integrity of Sargon month by month as they pay their interest. Any default on interest payments would flag serious problems. It seems that the high 30's is a floor under the current share price which is heartening and now the next exciting instalment will be at the AGM.
 
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