Well, that was a clusterfuck of monumental proportions. At least we have an indication of what the market thinks it's worth. The cynic in me reckons it may have been done on purpose, however, when left between a choice of conspiracy versus incompetence, it is usually the latter.
I am not a large shareholder in CWN, but I do like the occasional punt so I thought I would hedge my bets by owning a small part of the house.
I will be watching this with some interest.
Cheers
Mike
CWN Price at posting:
$12.90 Sentiment: None Disclosure: Held
