You wrote: "an aus bank is happy to give centro the extension but centro told the bank that they only need few more days eg 7 days. So all the doc need to be re-dated."
1. Is the implication that a Trading Halt would not be necessary if the documents didn't need to be re-dated???
2. Does this imply they don't need the money/extension from one particular Bank [apart from 7 more days] before the borrowing from that Bank can be completely discharged??? Hmmm...sounds a bit hard to believe/fishy imo! If that were true another third party would be injecting substantial capital into the Group by way of equity or asset purchase imo.
3. When would the 7 day period be from and to???
Can you tell me any more yuyu?
Cheers, Pie :-
CNP Price at posting:
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