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Because to para phrase Neil from the CER thread..."The return is...

  1. Tahnsk
    4,683 Posts.
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    07/11/11
    13:44
    Post #: 9249677
    Because to para phrase Neil from the CER thread...

    "The return is not 5c per CNP, it is $100M to be divided amongst shareholders and various other creditors."

    In fact it's to be split amongst all entities lower than the senior lenders! And that is quite a few.
    CNP Price at posting: 4.2¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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