I agree. If this news had come in May, this stock would be at 75c or a $1 on this news. Guess times have changed. But it could still have a good run against market tide.
Institutions now appear ro have made a very, very big mistake in offloading and will scramble to buy this once it hits 20c and buy back in. Watch over the next few weeks.
This news at a minimum means 100% Short cover and risk/reward change. The ASX/ASIC no short selling rule means CNP could explode upwards when UK hedge funds read this news and buy up.
If was going to die, today was its day to do so....it didnt and the strong management team deserve recognition.
We shall see....
Peace
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