if scrip is issued at these levels you can kiss goodbye to that hope. rest assured that the bankers will be dictating the terms. in that event a fire sale would have looked magnificent. But it appears taht there was never going to be a fire sale. what has happened during this year to favour the majority of shareholders? absolutely nothing. shareholders have been robbed, and it seems as if there is more to come.
i wouldn't call him "uncle", that's for real.
CNP Price at posting:
14.0¢ Sentiment: None Disclosure: Held