akward predicament , page-10

$1.75m for 25%.
OBL were in a bad place when GA did the deal, I'm sure that deal wouldn't be there now. The interesting thing is BOPL look to have no money and owe plenty to OBL who are finally getting toey about recovery. They want BOPL equity in Derby but can't pay for it so they could possibly look to side deal with either Buru (who look to be engaged in more urgent matters) or OXX. I'm tipping OXX to end up with either an expanded equity in Derby or possibly even control of OBL. GA sitting there with a fat cheque book in these times is not a bad thing.