Sorry another question - if shareholders had the option of a D2E swap and a chance to buy these preference shares themselves in a capital raising at a deep discount, which would they prefer? Is this a second option? At least it gives current shareholders a chance to get some of their money back and I assume some of the big shareholders would dearly like to get it back.
MCS9 voted not to throw in the towel, why wouldn't CNP shareholders do the same?
CNP Price at posting:
4.6¢ Sentiment: Hold Disclosure: Held