The mob that bought the US malls from CNP are the front runner in the race to get the 4 malls from CNP in australia up for sale.
I would have thought with the deal basically being done or almost there...maybe a maximum of 12 days frombeing announced that CNP is not already moving in anticipation of $1.1 billion debt wiped off the books.
The reserve has been happening.
Yesterday...12% down...today....slow.
Usually...knowing such informaiton is almost 100% about to be delievered, the market would begin buying up CNP?
CNP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held