Centro, along with many other businesses, in these difficult economic times, may be experiencing short-term liquidity problems on account of the credit crunch and their inability to dispose of assets at a logical price. They have also had to meet extraordinary expenses that have come about due to their proposed restructure. (adviser fees etc)
BTW Capitalising of interest is common even in profitable businesses.
CNP Price at posting:
7.1¢ Sentiment: Hold Disclosure: Held