I want 40 plus. What I said was 40s. I'll hold as long as i see the possibility of moving into the 40s as I think that is reasonable. When it stalls in the 40s I will sell. I will not count on 50s.
With regards to CNP I make no prediction but I was glad to quit CNP when buyers thought it was worth more than CER and that was not my opinion. CNP has been relying on the management rights and milking the various trusts. I cant see them having much of that business left after the wash up of these deals.
It needed a better brain than mine to understand the complicated web of business arrangements and structures that surrounded CNP. Sometimes I wonder if there really was a brain behind the concept anyway.
So I'll say "40c is probable, a little more is possible for CER but for CNP there is a question mark.
CER Price at posting:
34.5¢ Sentiment: Hold Disclosure: Held
