According to the 30/6/07 annual report 77.16% of the stock was owned by institutions .I think stock was then trading at $10+ i think . The dividend promised was 39.8c per security ,i dont know if this was paid or not someone may enlighten me on this point . When the crisis re lack of refunding of short term loans occurred the majority of the institutions dumped the stock .I AM CURIOUS to find out the reasons the institutions bought the stock for in the first place surely they would have undertaken some form of analysis
CNP Price at posting:
0.0¢ Sentiment: None Disclosure: Held
