As a holder of CNP - l suggest the week will unfold;
Monday - same as Friday tight trading bracket with support .64 -.66
Tuesday - pending interest rates by RBA, if a rise, then general marked drop, in which CNP held up against the rides on the global markets may see early .60c's perhaps breach to .58-.59 then rise to support levels of .65c say....
Wednesday tight trading same as Monday
Thursday some steady buying up in anticipation of news release
Friday some steady buying early, with a late surge Friday afternoon in anticipation of news to be released following week.
Just my opinion, l don't think news of the extension or otherwise will be released this week, just been here before tis all, however would be nice if the company provided an update.
As a holder of CNP - l suggest the week will unfold;Monday -...
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