Would anyone like to comment on the sour note below from the Herald Sun. It is disconcerting and stands in stark contrast to the growing positive consensus on the Hot Copper Board:
"Analysts said there was still uncertainty about the company's long-term future, with its financiers having already written off some of their exposure.
"At some point banks will decide they've got as much as they can (out of Centro) - they have already taken provisions," one analyst said.
Plans to sell the whole of the company's $1.1 billion Centro America Fund would not be enough to save the company, the analyst said.
"It would be a marginal positive, but not enough to pay down the full debt," the analyst said."
CNP Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
