CNP 0.00% 4.0¢ cnpr group

takeover now more likely than ever, page-33

  1. 3,904 Posts.
    26 days to go to find out.

    Possibly longer - Gottliebsen's comment is a good one. The financial complexity that everyone is complaining about protects them to an extent.

    If someone pulls the plug and they carve it up - the shopping center management asset - worth half a billion - will be gone.

    The banks also have to be willing to absorb an immediate loss of 3 Bn of unsecured debt in the current market - with an associated hit to their shareprice.

    What are those Chinese finger trap thingies you play with as a kid......

 
watchlist Created with Sketch. Add CNP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.