CNP 0.00% 4.0¢ cnpr group

rate of volume decreasing , page-2

  1. 37 Posts.

    Just had a little bit of Deja Vu. I also hold SDL and have noticed an uncanny similarity in the buy and sell depth to what CNP was last week when it was hovering around the high 20's.

    Anyway, back to CNP the following is some food for thought:

    - CNP have not denied any newspaper articles
    - There are only so many trading days to the deadline
    - Banks have been allegedly quoted as a 6 month extension would be granted and would like to avoid a fire sale in their best interest.
    - The obvious accumulation
    - The media coverage
    - There are multiple bids for consideration
    - No director buying or selling
    - Developments still in progress with $200m approved for FY08/FY09 as per CNP website
    - The lost productivity by HC posters :)

    Cheers




 
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