Interesting article, seems genuine from Matthew Stevens of the Australian.Most of us deep down know and believe that if cnp were to be given a longer term extension with reasonable terms then there future "Yet a slow paced one", might get them back on track.. But the problem that cnp face now is getting the all clear from Mr Ralph Norris who seems to be the stubborn one out of the lot.
If the article in the Australian is correct i.e. " The critical problem here is that banking syndicates are like old-fashioned unions. This is a one-out, all-out game. Rufrano needs to get the endorsement of all 24 creditors, or Centro is dusted." <<
So to take this even further, one might assume that your investment in cnp is based on Mr Ralph Norris??
Even though all bankers have their own agenda's ...Some might still argue to the fact that banks are greedy and just concerned about themselves rather than helping out a company that can prove to be a stronger one, moving forward and not focusing on what has happened but concentrating on what can be done to get us back on track, knowing that "Shopping Malls" over the longer term is a good safe investment provided that gearing is at acceptable levels..
CNP Price at posting:
7.1¢ Sentiment: LT Buy Disclosure: Held
