Johncme that’s because they were trying to push the deal through for the benefit of the CNP secured lenders who are screaming for liquidity for lending money to a dog in CNP. Why was it ok for him to engage in CNP stakeholders when putting together the deal but not engage with CER external unitholders?
He is meant to be the CEO of both entities!
The question is are they going to spend another $100m appointing advisers, ind experts, institutions, lawyers to change the proposal or will the board do what they are employed to do and make a decision themselves.
Johncme that’s because they were trying to push the deal through...
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