"Identify whether there are any proactive steps CER should take with centro as part of the debt restructuring to reduce its exposures and create longer term value for securityholders"
This is a passage taken from CER's 08 annual report...imo CER will be involved in some sort of debt/equity/separation from CNP
In this case dilution would be difficult to calculate..however it would be a better outcome for CNP
CNP Price at posting:
6.9¢ Sentiment: Hold Disclosure: Held