OCV octaviar limited

Good Morning Freddyray, Thank you for providing so promptly,...

  1. 39 Posts.
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    Good Morning Freddyray,

    Thank you for providing so promptly, certain clarities, to a much blurred
    situation.
    I note that among our "...wafting puffs of smoke" assets, ARL holds
    1,794,840 Raptis Group Shares, (ASX:RPG) which, as you are aware,
    resumed trading on the ASX on 10/12/2015. Currently the only Sale Offer
    is 0.40 cents with the highest Bid being 0.35 cents.

    Wellington Capital as RE for the PIF, holds a further 3,485,321 Raptis Group
    shares withthin the PIF portfolio, and in the light of the completed Wind-up
    date being the 31/3/2016, it will be forced to sell those shares at whatever the
    current rate might be, at their minimised time for Sale.

    Of course there is no telling what price these shares may evolve to, but I feel it
    would be in the best interest of ARL Shareholders, to have these shares transferred
    by whatever means available, directly into ARL, thereby giving it complete control
    of timing over the sale of this asset, which may well present as considerably more in
    value, than what Wellington may be able to achieve within their scripted time schedule.

    I Would very much be obliged to hear your thoughts and Opinion on this matter.

    Regards.








    light of the completed Wind-up date
 
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