It is the aggressive acquirers & business builders that get caught when the pendulum changes imo. In this case the change was abrupt & huge; and of course also in this case it is made more complex by the business model Centro has chosen and the massive shutting off or down of global credit. We all know this!
The interesting part is coming shortly with a di-section of an ill-fitting jigsaw puzzle and trying to put all the right pieces in all the right places imo.
That article was not my sentiment but rather the sentiment of the SMH journalist.
Cheers, Pie :-)
CNP Price at posting:
0.0¢ Sentiment: None Disclosure: Held