The last 2 times when they were negotiating a debt extension back in June and May they requested a trading halt for a few days until they made the announcement.
So what are the chances of them doing that again this time?
If they do put one in place would that be a positive thing? If they were still negotiating then would they bother with the trading halt?
Also we keep talking about the news to come out on Dec 15. But with all the previous debt extensions the news came out the day before the expiry date. So to me i guess Friday is more likely to be the news day.
If it is Friday then that would work nicely for me. Got work chrissy party on so could be a big one......
Good luck all
CNP Price at posting:
6.8¢ Sentiment: Hold Disclosure: Held
