In my view selling the properties is the easy bit, but the challenge (apart from debt) remains the complex structure.
I hope they (CNP and banks) are not sitting on their hands for the next 4 weeks waiting for offers (or have been since earlier this year), but are working hard on a complete restructure of the company for greater transparency going forward as a better company all up.
That would be the up-beat look at why there's not a lot by way of public action.
Continuous SP slide is a pain, but I hold in the belief that there's light ahead during the rest of the year leading towards the September review and then December - with possible resolution/extension of debt arrangements.
Cheer up peoples - some time no news is good news and not the work of the devil ....
CNP Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held