cer equity injection, page-2

Equity injection in Super LLC perhaps, debt for equity swap in Super LLC or long term debt refinancing.

Problem with CER is its JV with CNP in Super LLC.

Cant see the CER board entertaining any other option IMO

In any case with or without Super LLC, CER's NTA is significantly higher than at present.

Also on a side note, the lower exchange rate will help CER but not CNP.

I was looking at the book value of assets v liabilities for both entities at June 30 and it is interesting to note that CNP had equivalent USD assets v USD liabilities.

CER had US $6.1b in assets v US $3.6b in liabilities.

Some people on the CNP thread think that a weaker AUD will benefit CNP, which appears to be incorrect. However a lower AUD will significantly boost the AUD equivalent value of its net assets.

This benefit to CER is explained in previous threads.

Cheers