CNP 0.00% 4.0¢ cnpr group

announcement, page-54

  1. 77 Posts.
    There are only two things uncertain, what share will shareholders get of the $100m because they are surrendering their 51% share of CER to senior debt holders; and what % of shareholders are required to approve the scheme of arrangement? Normally its 75% but I reckon they will drop the approval to 50%.
 
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