OCP 0.00% $2.20 oceania capital partners limited

ZZZaaaZZZYou and I seem to be the only parties interested in...

  1. 446 Posts.
    ZZZaaaZZZ

    You and I seem to be the only parties interested in this stock! What a party we will have! Since our exchange of posts so many positives have happened. Firstly Signature sale for 90 cents a share, still to complete but looks safe, now some value on ISF stake. Myt calcs are that OCP receives some 73 cents per share. This together with the 90 cents from Signature and the 30 cents already there gives some $1.93 cash per share and we still own 50% of Baycorp. I suspect that the next move is to buy the other 50% of Baycorp which will result in OCP becoming a Baycorp pure play, directly comparable to Collection House. By my calcs this adds up to some $2.50 in value. Better still we can expect large capital return ( maybe $1.50ish) and a free carried interest on Baycorp. This helps greatly on the tax impacts.

    The sale of ISF removes my major concern / risk which was throwing OCP funds at an ISF recapitalisation.

    Problem solved.

    Bring it on.

    Relaxan
 
watchlist Created with Sketch. Add OCP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.