Kiwi67,Likewise always had much respect for your posts. Pretty...

Kiwi67,

Likewise always had much respect for your posts. Pretty much all of them are on the ball.

One thing I have found about CCC and their convertible notes is that their debt facilities do not allow them to use any of the money on administration. This is the reason that over the past 2 years there has been convertible notes after convertible notes.

I know Oracle is heavily involved with the OKAP fleet. I believe they are involved in more than just CCC.

Reason I have not gone into CCC to date is because some of the convertibles are still there. Once they are done and CCC balance sheet improves I can see that CCC may be a turn-around. Then again I can see Village sitting on the sidelines waiting to buy CCC by this stage.

As said before that while CCC at 30-70c was a massive dud however at 4c (give or take 10%) may be worth a punt.