Hi Tuart
Yeah I have been up and down. I did some thinking over the weekend and reckon we still have a good chance something will be worked out.
I was very wrong on the PTQ as you said...I got that mucked way up. Yep..the represent the noteholders and are acting on behalf of them.
So if OCV put something apetising to them, challenger, NAB (maybe artic will look after this 40 million with a 7.5 c placement on LLA) and asic.....then OCV really does have a chance.
The PTD though has seemed pretty fiesty..I wouldn't want to be the one trying to negotiate them...there could be chairs flying through the room at that meeting.
Each week that passess though...more meetings would have been had so I guess we will know fairly soon how things are looking.
I'm pretty keen also to see the Korda report and what kind of slant he will put on the OCV situation.
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