Hi, interesting reading over your discussion... I have tiny bit of CER and looking to buy some more.
The thought of it eventually moving from 10cps to 60cps or $1 or $2cps is enough to make one's head spin with possibility. (Retirement fund!)
Curious however, what happens if CER is unable to get a refinance extension? Could the banks get sick of the process and force a sale of assets? Could the banks (US banks?) have to do this out of necessity?
Another issue, how would it pan out if someone takes CER over? Could they aggressively take it over well below NTA? Possibly in some deal with banks?
I don't understand the details of the process and hope the above questions aren't silly... but they're the things that are issues in my mind.
Any thoughts on it would be great.
Thanks, Ilori
CER Price at posting:
10.5¢ Sentiment: LT Buy Disclosure: Held
