takeover, page-9

if we assume $16b in usa assets and they have fallen by 20% then that wipes off $3b and if we assume 10% fall in $10b Au assets then thats another $1b reduction which makes $4b fall and leaves almost $6b in value, ten times current market cap...The real risks are reduced occupancy rates in the future and further falls in property prices and zero credit availability! It puts into question the key assets of all super/property funds across the world...If centro goes then the world follows...I rate it a 50/50 chance...If centro does not go, then someone will within the next 12 months...