show and tell this week, page-8

I can't see how anyone who is trading the stock at these levels are going to be affected by the SMH articles. The Fiarfax group obviously have a vested interest in wanting Centro to fail.


Writedowns looking more than conservative now. It was never in Rufrano's interest to make the books look good on taking over as CEO.

Rule number one for a CEO when taking on a crisis situation: paint as dismal a picture as you possibly can. It emphasises how difficult the situation you inherited is and claims as much glory as possible for any turnaround.