Do we know whether the cancellation of the IR hedges are in December or January? If its in Jan I assume we could see heavy losses which are written back at the end of the year?
I wonder what it will convert to in annual interest savings?
No suprises for me on the dividend policy. Maybe at the half year accounts they will announce something.
I just think CER will be a long sit and wait - 2-3 years for it to come back to where it was. CNP will be even longer, unless they sell some assets or get taken over (which will probably be in the best interest of shareholders.
CER Price at posting:
9.6¢ Sentiment: Hold Disclosure: Held
