CNP 0.00% 4.0¢ cnpr group

Unless it's illegal I can't see why not.I lend CNP $500m. In the...

  1. 4,683 Posts.
    Unless it's illegal I can't see why not.

    I lend CNP $500m. In the wash up I'm given CNP's CER shares to represent my loan amount. I also agree to fund $100m as a goodwill gesture for existing CNP holders when we dissolve CNP.

    At 13c per share why wouldn't I buy all CNP shares I can below this figure and pick up .5c per share extra on current SP?

    On the reverse, I wouldn't put much cred in the .13c being delivered. It's a simple maths calculation which may not equal reality when delivered.


 
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