To make it equitable, CNP would have to dilute CER by about 8 times in order to award CNP holders 8 more shares of the new entity, Now I'm not a maths wizz and maybe I'm wrong but if CNP SP was $10 and CER was $2, doesn't the above make sense?
Now this is not taking into account CNP's 51% ownership of CER anyway.
- Forums
- ASX - By Stock
- CNP
- any chance the 1.1 billion is built in already
any chance the 1.1 billion is built in already, page-24
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CNP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online