cer after split, page-7

Hi nursery,

This is something I flagged a long time ago now.

The ~50% holding of CER is a CNP asset, and like any other asset it can be sold or traded as debt for equity & the like.

The CNP assets are not limited to real property. Other assets such as contracts, rights, goodwill and shareholdings that may be tangible or intangible could go on the block.

I could be wrong but I cannot see that CNP selling off it's CER holding would necessarily be a bad thing, with the exception of the CER sp short term. I would prefer it not to happen because of the potential up side down the track when things get better, property prices improve, capital markets become more elastic etc; however if the numbers work and it becomes essential for survival then we do have to ask ourselves the question: 'why not?'

Cheers, Pie :)