I hold many of these and am somewhat concerned re HCI's interest. I hope that the board were over the top of the recent sale by ANZ to HCI. What troubles me is why would ANZ sell out when / if a substantial capital return is just around the corner. I sincerely hope we still get our circa $2 capital return by end of Sept. Then hope that HCI bids for OCP in the 60 - 70 cent range. What I certainly dont want to see is a reduced capital return and HCI seeking us to partner them in any new pusuits.
OCP Price at posting:
$2.21 Sentiment: Hold Disclosure: Held