shocking day, page-38

As I have posted before, the banks are forced to play a game they'd rather not play. They have to make it look like they are screwing CNP - eg. German's / CBA. They'd rather not but THEY HAVE NO CHOICE!!!!

Great buying late today - CNP definitely over the worst and risk greatly reduced. Funny their expensive advisers appear to have been very quiet - they may have been busy dealing with banks but they must be close to ready to do some deals - asset sales, equity injection, whatever.

My bet is that the positive news flow on asset sales / deals is about to begin. Why not, it would only put pressure on banks to accept end May deadline.

This is now a done deal. Bad luck to today's punters but I reckon by Wednesday next things will look much more positive.

Cheers

P4me