Baron, You have seen the result of all three finance extension...

Baron,

You have seen the result of all three finance extension notices for CNP this year. All were widely anticipated and All resulted in drops in the share price on the same day. IF, an extension is granted this time why would this be any different. Especially, with the other deadline now in December and nothing further advanced.

I think some need a dose of reality. I can see this dropping to 5c with a positive announcement. Tell me something I'm not seeing here?

I recall too that the Australian banks went to the brink last time and CBA had to be talked out of calling in the liquidators (by JP Morgan if I recall). CBA has the majority of its stake as secured as opposed to the other banks. I think that if this comes down to seeking another extension in December, its gameover.