Sure the assets are great and worth billions but...
They owe billions....3 bill to be sorted in 8 weeks
10 bill to be sorted in 52 weeks.
Not hard you say, just raise some capital or sell some assets...but..the problem is money is drying up to buy assets and to raise capital...look at the bank bills...nobody wants to lend and its not just cnp who need funds...The biggest banks in the world are on the edge of collapsing such as citigroup in the US...northern rock in the UK...the list goes on and on...they all want money too.
Be worried...!
CNP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held