CNP 0.00% 4.0¢ cnpr group

mfs, page-4

  1. 17,233 Posts.
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    Hi Jason

    MFS announced this.......not CNP

    So wondering whether this is the only offer.....I wouldn't think so...

    My take on this whole situation is that some large player/s may have cut some sort of deal/proposal with CNP.

    I however would be surprised if any hard assets will be sold to the big player .....massive costs/government duties payable etc associated with a buyout as well as funding required.....it would be a pointless exercise given the current climate.

    Someone may provide a cash injection to enable repayment of the short term debt and be issued in return with a share issue of sorts.....they may also wish to sack the board and take over management rights totally......this would be most appropriate......

    This is just my absolute guess but i personally think im on the right track to some degree.

    This is however coming from an optimistic holder...lol


    cheers

 
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