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Hi Defabs,I had the very same sentiment at that time... however,...

  1. capitain
    698 Posts.
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    28/05/12
    09:03
    Post #: 10230401
    Hi Defabs,

    I had the very same sentiment at that time... however, if it went to a court judgement then CER & CNP would have worn the penalties equally..which could have been more than $85 mil each.

    A settlement would never have attributed the penalties equally between CER & CNP (realising CNP had only $10mil to contribute)..a court judgement would have
    CRF Price at posting: $1.90 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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