Forum Archive Index - February 2000

["ritchie marr" <ritchie_marr@hotmail.com>]

Interesting what you find when you go looking. Now I remember back when the 
rights issue was being looked at, that the assets of Oceanis and Aql were of 
the same value. That is a rights issue would buy the assets of Oceanis but 
the asset valuation would remain the same at 32c per share fair value, as 
deemed by Dfmainland. Maybe I am missing something, but...
Why was Oceanis sold the Korean Assets when it simply turned around and sold 
them to Bliss (as proposed). Why could we have not sold the asset to Bliss 
Directly thereby increasing our share of the Bliss issued shares. Why if we 
were around the same in value do we end up with slightly more than half of 
the Bliss shares.?

I'll Sleep on it and pick it up in the morning.
Ritchie
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