I thought the replacement Bidders Statement from Octanex may be of interest. If the script offer is an improvement then that takeover may present an opportunity for us retail shareholders to escape from the clutches of OIP's self-serving directors and their mates in associated companies.
We need a clean break from their unethical and scurrilous practices, and a new board of governance and a new management. Their past performance indicates that they can't be trusted to run Orion for the benefit of all Orion's shareholders. I see that as the only way to realise the true worth of OIP's assets. And as I recall the assets owned by Octanex seemed quite attractive.
Regards Fairgopat
OIP Price at posting:
7.1¢ Sentiment: None Disclosure: Held