CPL 0.00% 2.2¢ csl finance plc

Gents,this one isnt going to end well... some guys i know seem...

  1. 709 Posts.
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    Gents,

    this one isnt going to end well... some guys i know seem to think..

    step 1 - Get permitting approval done by June
    Step 2 - run out of money, July
    Largest creditor = EIG & HO
    Step 3 - appoint an Voluntary administrator
    Step 4- HP buy out EIG debt..
    Step 5- CPL sold to HP for value = to HP Debt...

    Step 6- Share holders cry....

    Step 7- CPL private now with HP, who then JV with a large player.

    We get screwed...

    Come monday, i am selling down heavily... might as well pull something out...- expect a SP in the low 5's...

    now the panic....


 
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