OCV octaviar limited

This is not a sale, not even a sale for $1 (and of course with...

  1. 339 Posts.
    This is not a sale, not even a sale for $1 (and of course with debt obligation).

    It is giving away an option plus paying management fees.

    In other words,

    *if there is no value left, Wellington doesn't have to take it over, and the debt will remain with Octavia;

    *if there is value left, Wellington has the call option to get at a good price;

    Plus, Octavia is paying management fees to Wellington.

    This is criminal.

 
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Currently unlisted public company.

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