Buffett,
Cant see dilution happening whatsoever unless it is a volunatry choice made by individual shareholders.
The reason is CNP needs to maintain its 51% shareholding for equity accounting reasons.
Nevertheless a rights issue by CER, or even multile rights issues over time, to all shareholders could 'fix' things overnight; should it be perceived such was necessary.
It is not necessary however. The snowball is unbalanced and will start building momentum soon.
Blastoff
- Forums
- ASX - By Stock
- CER
- cer will trade below 4 cents
cer will trade below 4 cents, page-2
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)