CER 0.00% 32.0¢ centro retail group

people's republic of centro ..., page-8

  1. 1,307 Posts.
    This situation reminds me of recent BNB activity with the noteholders... the NZ holders voted down the pathetic bank offer for their notes and put BNB into admin... a lose - lose scenario for everyone, but the note holders won the moral vistory :)

    Conceivably the same could happen with CNP forcing the Aus govt to "prop the shops" similar to the US banks?
 
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