After announcing the new package last month Centro said it was "unlikely that distributions would be paid prior to conversion of hybrid securities" in 2016. Once the securities convert, they will make up an estimated 90 per cent of the shares in the company, meaning the existing holdings will be heavily diluted.
- Forums
- ASX - By Stock
- CER
- centro remains confident
centro remains confident, page-3
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)