For sopme reason i beleive we will see by end of week a big announcement. I wont speculate or upramp but beleive one may be due this week.
As we have seen having a great day on the Dow and ASX doesnt mean a great increase in SP. What this needs is a positive announcement. Although i beleive that once US cut rates next week this will also provide some instant releif to the current price, and hopefully give another firm base in the 45 to 50c range.
CNP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held