Gents,
this one isnt going to end well... some guys i know seem to think..
step 1 - Get permitting approval done by June
Step 2 - run out of money, July
Largest creditor = EIG & HO
Step 3 - appoint an Voluntary administrator
Step 4- HP buy out EIG debt..
Step 5- CPL sold to HP for value = to HP Debt...
Step 6- Share holders cry....
Step 7- CPL private now with HP, who then JV with a large player.
We get screwed...
Come monday, i am selling down heavily... might as well pull something out...- expect a SP in the low 5's...
now the panic....
Add to My Watchlist
What is My Watchlist?