Nursery, no idea where he came up with the 13c per share and I don't think he is right either unfortunately.
These commentators do get things wrong from time to time and I think the shareholders often know a lot more as they have a vested interest obviously.
I hope I am wrong here but from what I read it seemed like cnp holders had a choice of nothing or a small compensation which is a portion of the 100million. Don't know how the 1/2 ownership of CER fits in but it did say all the other assets (not the US assets which were sold) were being taken by creditors.
Everyone needs to make their own decision on whether to hold or not but I did not want to take the chance of holding a company which was wound down to perhaps a few cents. Hope I am proved wrong for you holders
CNP Price at posting:
8.5¢ Sentiment: Sell Disclosure: Not Held
