Well done holders. I got in at the last minute as was nervous...should have bought more...but will.
CNP looks like it might turn into a nice recovery story.
Anyone see AED? Dropped to $1.05...yesterday hit $2.90...on no news.
CNP should open imo $1.20-$1.50 but I wouldn't sell.
2 months to refinance / sell some assets to cover the situation could see them back at $3 pretty quickly.
I will get some more this week and hold till more news from CNP as they must have some tricks up their sleeve for the banks to give them another 2 months....must have had a very convincing arguement and some plan to get the banks confidence back.
CNP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
