will u sell cnp less than 150c, page-7

Snieder - not sure if you are aware looking at your post, but a large payment for loans fall due on April 30 to the Australian banks. I am not referring to interest payments on the like. This is what I am referring to.

Alos, if the company had recieved the extension, by ASX regulation Centro would have had to announce this immediately to the ASX as this would be considered sensitive information that would affect share price. There is no way that a company in such strife as Centro would dare flought this rule. Glen would also have lied to shareholders when he said that the extension was yet to occur...

The situation as I see it is:

Glen has confirmed there were no offers worth pursuing to resolve the current debt crisis and Centro will have to start looking at other avenues (such as selling off individual properties rather than whole funds). THIS IS BAD

There is a large amount of loans that are due for repayment on April 30. An extension has not yet been granted for this. There are 7 working days until this date is due. THIS IS BAD

Staff are leaving Centro and so they are offering higher wages and bonuses to retain staff. So, they are running with staff at a low morale who are looking to exit. If staff (who can see what is going on and will know whether the company will survice) are jumping ship to Westfield and the like, it is not a good sign. THIS IS BAD.

Three bad points. What is the one good point to come out that puts Centro in a better position than Friday? THERE ISNT ONE!