Sorry another question - if shareholders had the option of a D2E swap and a chance to buy these preference shares themselves in a capital raising at a deep discount, which would they prefer? Is this a second option? At least it gives current shareholders a chance to get some of their money back and I assume some of the big shareholders would dearly like to get it back.
MCS9 voted not to throw in the towel, why wouldn't CNP shareholders do the same?
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Sorry another question - if shareholders had the option of a D2E...
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