CER
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0.00% 32.0¢ centro retail group

wow. what an announcement all hedges closed, page-20

  1. nursery
    18,151 Posts.
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    12/01/11
    09:15
    Post #: 7720468
    That would depend on the currency relating to the debt. If the borrowing is to any great extent in US$ then that debt blows out in AU$. Because a lot of the realestate is held in the USA it is reasonable to assume that some debt is in US$. If assets are sold do we receive US$ or AU$ ?

    There are so many unknowns with the tangled web associated with Centro. We don't even know what some of the unknowns may be.
    CER Price at posting: 24.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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