You guys need to realise a cap raising will not happen in the very short term.
The legal ramifications would be enourmous.
Just remember the class action that is sitting there is essentially for non-disclsure.
It would only take a wiff of instos doing a soft sounding for the proverbial to hit the fan.
Would the directors PI pay out in this case? Me thinks not as directors would have needed to ok a soft sounding for a cap raising, and would have essentially been lying.
I would imagine that type of thing would lead to criminal as well as civil charges.
CNP Price at posting:
38.0¢ Sentiment: LT Buy Disclosure: Held