The words I quoted were from an article posted by someone in another thread.
Point two states....
"The Group’s recapitalisation efforts to date have included the sale of assets and the invitation of proposals for raising new equity capital. In terms of asset sales, the progress made to date is as follows:
in Australia, a sales process continues for selected assets from the CAWF portfolio and the Group is in discussions with a number of potential purchasers;"
To me this simply says its taking time, not that it has failed.
CNP Price at posting:
0.0¢ Sentiment: None Disclosure: Held