CNP
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0.00% 4.0¢ cnpr group

Leading up to the 15/1, the bankers want the price to go down,...

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    09/01/09
    14:37
    Post #: 4675554
    Leading up to the 15/1, the bankers want the price to go down, not up.

    They will probably use a volume weighted average price to calculate the D2E swap so the lower the price the more shares they get.

    Depending on the terms of the hybrid, the bankers will probably want the price to rise post-D2E so their holding is worth more.
    CNP Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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