Possibly just following the DOW but a strong opening with good volumes shows this one is still kicking along.
Management will be praying that it goes over the issue price but I agree with most posters that CIG or their SPP managers haven't given this rights isue any thought at all.
I got the phone call too and I told them the same as everybody else. I don't know why they needed to spend our money asking us what our intentions are - they just need to read the HC forum.
CIG Price at posting:
14.0¢ Sentiment: Hold Disclosure: Held