CNP 0.00% 4.0¢ cnpr group

gr on stock price on webcast

  1. 1,981 Posts.
    Q. Why are we trading at 15 cents
    GR. I have been company CEO for 9 years. The price of stock is important to us but we really care about the operations and ability to run our capital properly. I am less concerned about the price than running the company because if we run the company well and recapitalize ourselves, the stock price will follow. The price is low today coz market think that we could be insolvent, that’s probably right. I think the market is going to look at us at a negative basis until we recapitalize there will be re-rating of the stock. But until that occurs, the market is going to look at capitalization is the number one issue and we understand that. That becomes our number one job.
 
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