Haiji
If CER has disposed of its interest in SuperLLC for no consideration:
ie - we took on CNP's negative equity in full or
- no recaptilisation plan to take advantage of CER's 25c equity in Super
there will be carnage!
CNP better be paying off its own debt in Super from the $9.4b generated from the sale without having to rely on CER's equity as the shortfall.
If there is a shortfall, CNP's SuperLLC lenders should be doing a debt for equity in SuperLLC to appease its interests, which will also preserve CER's equity of 25c in SuperLLC!!!!
This is a view I feel strongly about
If we have been stooged over with SuperLLC, there will be carnage!
Cheers
- Forums
- ASX - By Stock
- CER
- defabs or nursery help!
defabs or nursery help!, page-5
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CER (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online