I am with Jadel and Seamisty Alpha.
I reckon we are off course with this being a scam or a problem.
The performance funds of MFS are not performing so one would argue it really is a liability for OCV and is going to hold them back from potentially recovering from this.
Also...I agree with Seamisty that Jenny Hutson would never do something illegal and all the right courses of action have been taken.
The RBOS undoubetly would be have OCV by the balls on these funds and I reckon they probably had little choice.
There is still no proof of other offers OCV had regarding these funds but I would like to see it if there is. Even so....OCV is so cornered on everything they probably have very little moves they can do to try and straighten out their situation.
Right now...and up until approx 2 months time, all OPCV can do is now talk the creditors. There is no OCV if the creditors all dont sort some deal out....ie: no relisting.....so I am far from worried about another OCV liability jumping out the window....I just hope it jumps right off OCV's books and onto Wellington's business. Then the PIF etc are safe....OCV does'nt continue to lose money on it and we're all a lot better off.
Tuart...good on you Daddy...4 kids. Thats good work. I come from a family of 4 boys....just gotta create my own soon.
I'm really looking forward to july when Korda is finished up, we know where we stand and we can close this chapter either way.
Such a draining process to be going through!
OCV
octaviar limited
