CNP 0.00% 4.0¢ cnpr group

weekend pain

  1. 119 Posts.
    Does one hold over the weekend on the hope there will be a sign off from the last bank for the extention to sept 30.

    I note the same bank was granted a very large line of funds from their own government overnight , so obviosly cannot afford to lose the 200m in debt, from my point of view their safest option is to show support as did all the banks and avoid administrators.

    The company seems to have overachieved in the last month under rufrano and close to getting the time it need to restructure a business that has some excellent assets , against high , but servicable debt.

    My head tells me to hold , my heart tells me to hold , but I havent spoken to the wife......best I not tell her and wait for the best.

    I hold cnp , afg, ctf, amp, cba, anz, tls, and bhp
 
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Currently unlisted public company.

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