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5,783 Posts.
1777
02/09/11
11:22
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Just a friendly tip for CNP holders:
In order to get your 5c payout, you require the approval of not only from CNP holders but also from all of CNP?s related entities, including CER.
Should any of them vote against the merger, CNP will go into administration/receivership and you will get 0c.
If you believe CER will vote for the merger, then by means hold on as you will likely receive much more than the current share price of 3.6c.
If you believe that CER may vote against the merger, then 3.6c looks good as does 2c, 1c or 0.1c.
If you are unsure whether how CER holders will be voting, maybe pay a visit to the CER board to get a feel for how the voting will go.
Anyway best of luck
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