keep in mind that the internal weekly, or monthly financial statements would have had this impending liquidity problem on the radar screen for a long time - indeed, for about 12 months. the fact that the company could not adress the problem in time, should be cause for concern.
no doubt a lot of superannuation money is tied up in this. watso wonders how much of his wife's super is in centro, as she opted for her funds to be invested in property. watso would assume that his super (market) would be in centro, but watso would presume that it is to a lesser extent
CNP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held