My information tells me there are 971,900,000 shares in CNP.
$100,000,000.00 divided by 971,900,000 = 0.1028 cents per/share.
If, and I suppose it is a big IF, all the $100mil goes to shareholders I see $0.10c p/s
Therefore buying in at .078c should be a winner.
Can anyone confirm this is the case.
Cheers
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- business speculator says 13 cents distribution
business speculator says 13 cents distribution, page-7
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