I am afraid there is substance in Swap's analysis and he/she provides compelling analysis - Swap has also been clear this is ultra high risk territory because the Banks could choose to not refinance despited CNP operating business being in very good nick - you could lose it all quite easily. Swap has no delusions nor has he/she passed any deluded views to others - the analysis is fair, measured, complete and naturally hopeful (given her/his position in CNP).
Drsourborn, your post comes across as a rant of homeless guy walking incoherently down the street of the Sydney CBD. Your analysis is nonexistent. You know, if Swap is wrong then he/she will move on - either way you will be miserable for the rest of your life.
CNP Price at posting:
4.2¢ Sentiment: None Disclosure: Held