CNP is a viable business with stong cashflows which has short-term funding issues . Many Australians have part of their superanuation in there .The business will be restuctured with some sell-offs to appease the lenders ,and heads will roll to appease the lenders & ASIC .CEO & CFO will resign & an interim CEO will be appointed for a 12 month period to oversee the restructure & sell-offs. Ceo will take advice off advisors in 12 month period . ASIC may charge over reporting irregularities .Peeved instos may sue seniors after ASIC charges .A scaled down & restructured CNP will emerge with new management.
what i think is likey to happen
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