CNP 0.00% 4.0¢ cnpr group

time to say goodbye, page-62

  1. 919 Posts.
    lightbulb Created with Sketch. 26
    makkattack, I do not agree with the uncertainties, they have been addressed in May when all loans have been extended to Dec 08.
    I believe the selling is because it is now a known factor (loan extensions), traders/investors are selling down, at to that tax loss selling.
    Institutions have naturally also sold out and will stay out for the time until the balance books looks better for CNP.
    CNP also has tangible assets as mentioned by others, there will come a point where someone will see that CNP is a bargain and start to accumulate shares. Question is when not if, meanwhile a lot of former buyers are hurting and have given up hope.
    Normally it seems when all hope is lost, buyers will move in, and that time I feel is near at hand because more posters sound desperate at present than ever before.
 
watchlist Created with Sketch. Add CNP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.