I have 22K CNP bought at $0.37
although it never worried me as it never came back to the price i bought ; I wouldn't worried even if i purchased at .62 or .80 coz'
wtever happening in market is yeild a profit when CNP is tremendenously down & everyone including hedging funds or negative ppl knows ; <$1.00 is not a value for CNP to be even default
CNP's assests worth aroun $27Bn
CNP's commited debt around $17Bn(that wt max figure I have ;; thanks to media & downrapers)
it makes approx $10Bn net worth
might be some hidden debt/cost/legal expense....etc
max might $3-$5Bn
leaves $5Bn for share holders to be distributed if CNP goes default
around 845M shares in market
so wouldn't be value per share will be $5b/845M
then it comes to $5.50/share
anyone else give idea ?
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