Just sat down and had a good read. Two articles in the AFR today on CNP/CER.
My take away was the suggestion in street talk that this could be the last time around for CNP as the banks look likely to sell it off and recoup there $$. The suggestion was that CER would survive that process after some restructure.
Its a waiting game really but the sense that CER can & will survive has me continuing to hold long term as the reward will be worth the wait given the low SP most long termers here got in at.
Cheers Hotlegs
CER Price at posting:
18.0¢ Sentiment: LT Buy Disclosure: Held