Why the rush to reduce exposure to CNP/CER debt given how they are trading and meeting all payments?
Can a lawyer point out just where any legal action payouts rank ( ie behind or ahead of bank debt ) that may arise from the class actions?
Would like to point out that I think auditor more likely to cop it than CNP/CER and even if CNP/CER cop it they have insurance against such things but this may be limited and or wriggled out of....
Blastoff Perhaps its not actually about CNP/CER performance at all but about international fears of a contagion to which the best defence is a smaller loan book to 'distressed' customers.
CNP Price at posting:
15.5¢ Sentiment: None Disclosure: Not Held
