Nurseryas things stand at the moment the aussie banks are...

Nursery

as things stand at the moment the aussie banks are threatening 90.1% dilution of shareholder equity....

the CNPSA was formed to try and prevent this eventuality...

perhaps it was a little naive...however there is now another piece to the puzzle, they claim that they have identified an alternative source of finance that will be
better for CNP shareholders.

Remember the problem all along has been the availability of finance on acceptable term.... (the level of dilution, as proposed, is unacceptable!)