Trading halt was totally predictable. You think CNP and the banks were softly banging their drums, getting louder and louder until the final big crezendo at the last minute where they announce their agreement and the saving of CNP from extinction and just in the nick of time?
There is no resolution. My guess is another short-term extension with CNP explaining what they now believe the situation is. People may not be as excited this time around as the novelty wears off.
CER Price at posting:
11.0¢ Sentiment: None Disclosure: Not Held