Agree. As I have said before you are crazy to hold this stock, lost over a billion dollars, written down their US investment by more than 500 million. Is their US investment worth less now than what they owe on it and is it still falling (house prices are predicted to drop in US by upto 20-30 % over next 2 years will the same happen to shopping centres). This company might not make any money for the next few years and they might not even be able to sell their shopping centres to reduce their debt because they are not worth enough.
CNP Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held