OCV octaviar limited

Best way to stop is to stop posting and the thread will...

  1. 529 Posts.
    Best way to stop is to stop posting and the thread will disappear down the page.

    In relation to the 6 directors 2 were involved in the OCV transfer of PIF management rights to WC. One as a director, one as a consultant to OCV and purchaser.

    Waiting to see the liquidator views on this.

    JH is quoted in the paper that the consideration for management rights will be "north of 20 million" (TO DATE PAID NIL) and also quoted that there were 25 parties who had expressed an interest in management rights but no one got close to doing due diligence.

    Now was that because the WC offer was better or that they were prevented shut out of the process. again cant wait for the report.

    This is 1/3 of the S8 board.
 
watchlist Created with Sketch. Add OCV (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.