I think the major thing holding this back is. The messy ownership structures in place across the group.
Also would be the exposure to the class action of a new owner.
IMHO i think this would have the greatest impact on the SP but also outlook on the L/T value of CER.
Need this class action gone, resolved or whatever. I am not in a position to say the share price will double as this maybe a little bit of a ramp but it would definitely change the game dramatically.
For CNP it would also give them an immediate injection of funds with little cost.
CER Price at posting:
20.0¢ Sentiment: Hold Disclosure: Held
