"And lets face it....they are in liquidation in theory, however they are being propped up by their lenders to allow the smooth transition of sales in the hope to achieve higher sales returns...for the Banks...not CNP."
100% correct Warnie. However the good news is that getting the best asset price for their lenders is also good for CNP. They now have time to get reasonable prices for their assets, and those assets are worth WAY more than 35censt per share. Once they have confirmation of the loan extension (May 30th) they share price will begin to move up again. Not sure how low it will go, but the timing of that low should be around next friday, at which point the suckers will have been shaken loose and the patient will begin buying up. I'm cashing up in anticipation, so let the tree-shaking continue.
cheers
toscanunan
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doesnt make sense, page-19
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