OCV octaviar limited

discussion, page-2

  1. 11,407 Posts.
    Thanks Eze, you're a legend.

    Glad someone bugged Scott as I was thinking I should just leave them too it...but that covers a lot of concern time wise we all have.

    Yeah we all know there is serious damage to the business.

    The sell off that day took 85% value of the normal SP.

    Then they went into damage control and a fire sale on Stella...still retaining 35% though.

    My only question is how much damage has been done?

    Is OCV only worth 10 cents? 50cents? $1? or only half of what it used to be $3?

    he he....I doubt $3 bucks...but once we see the figures, we will all be number crunching and then the market will place a final value on it when it resumes trading.

    I said it before but I would be very surprised if they dont trade after the financials are released.

    They would need a really good reason to put forward to ASIC / ASX and I am not sure the business review still in progress would suffice.

    CDR and many other companies have been doing their business review / turn around plan while trading and getting slaughtered.

    Well done for getting a very valuable piece of info Eze.
 
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