allco and abc may help centro

  1. 376 Posts.
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    I think the actions of Allco and ABC directors in calling in the administrators and the resulting impact (negative) on the share price of the Banks will make the Banks think twice about being stubborn with Centro. If Centro directors pulled the trigger and put CNP (or CNP and CER) into admiinistration the Banks would have to appoint receivers. The impact on Bank share prices' would be massive if recent events are anything to go by. I think the Banks might start to be a little more cooperative.

    I hold CNP and CER and hae done so for a long time.
 
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