"CER's property assets are subject to pre-emptive rights in favour of co-owners in the event of any attempted sale of those assets by CER"
Why don't they highlight CER's rights in the event of any attempted sale of those assets by CNP/Administrator.
The board spent millions of $$$ with advisors..surely they should have placed more emphysis/plans on the likely event CNP goes into administration and negoiate a strategic position for CER in this event.
This all just proves the boards position is, and was always going to be aligned with the hedge funds/banks..hence the scare tactics...shame,shame,shame
CER Price at posting:
28.0¢ Sentiment: None Disclosure: Held