CNP
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0.00% 4.0¢ cnpr group

cba sells debt for 56c in the dollar, page-9

  1. nursery
    18,342 Posts.
    lightbulb Created with Sketch. 1009
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    24/11/10
    06:58
    Post #: 7516601
    Any "big gun" that buys the debt gets the debt at a discount but that does not reduce the debt that relates to CNP. The big gun will be trained at CNP with the aim of screwing CNP so that they profit from buying the debt at a reduced price. I doubt the big gun will be handled by a white knight.
    CNP Price at posting: 16.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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