Debt now 17.4b-$165m = $17.235m
assets now $23.836b - $174m (ie decrease by book value
which is what they were counted at) = $23.662b
gearing now 17.235/23.662 = 72.84%
CNP market cap today is 55 million LOL
Gearing 70% leaves net assets at $6 .5 to $7 billion for CNP
$6.5 billion in assets,a market capitalisation at 55million LOL
Am i missing something
