'my 2 cents worth says he is negotiating with all partys for a 12 mths extention the 6 mths is a done deal but he is after better ...its just wether its signed off on before the 30th'
i agree, if cnp did announce that they have an extension till sept from the aussie banks, i think there would be a masive pump and dump on the SP.
where as if a 12 month extension is granted then it would give CNP time to put forward a plan of what assets are to be sold and when. This would give the company and SP some direction upwards.
CNP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
