I was forced to endure great pain today in realising a massive loss to sell this dead horse. I bought back in 2008 at an average price of 38.4c and today sold at 14c. As a number of other posters have indicated, the announcement clearly states that there will be $100M available which covers all interests and then shareholders. At the end of the day, the shares may well go for much less than 10c IMHO. For those who continue to hold, good luck. The only good thing for me is that I bought the same amount of CER which at present is worth about 26c more than my purchase price. Glad to be moving on from CNP.
CNP Price at posting:
13.0¢ Sentiment: Sell Disclosure: Not Held