I think the market got as/more spooked by the newly classified current debt than the extension brought relief to the market, in the end.
And yes I do realise the total debt position may be the same, but more debt on top of the 1.1 billion in Sept was announced on Friday that also needs short term refinancing. This is non current debt that was classified wrongly.
Please don't shoot me down again. I am not stupid. This is newly disclosed current debt and it is separate to what was reported late last year.
CNP Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held