The bank wanted Centro to bring the leverage down.
Not to liquidate Centro.Don't listern to rumous!!
By how much is a Billion dollars question.
Centro can do it but has to sell CATF & CAF.
Hopefully 1.2B is what is needed.
I believe Mr. Rufrano will not issued 1.2B
worth of shares @25c. He is too smart for that.
He would rather sell another asset if need to.
The only important thing is they get
their management right again for those sold assets
That's my thought.
Good luck!
Add to My Watchlist
What is My Watchlist?