CXM 5.56% 3.8¢ centrex limited

Mate if I could influence the share price i'd be ramping it like...

  1. 327 Posts.
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    Mate if I could influence the share price i'd be ramping it like crazy. It's only logical for a creditor to extend the maturity if they felt the change would result in a recovery of the debt vs winding things up now if another source of funds can be obtained to avoid a writeoff. We don't know exactly what they have secured it against and if there any receivables in the first place. The EFA was for working capital hence the original maturity dates were quite short.

    I think the more important question is how is the pricing almost half of the World Bank Benmarks that they were sprouting months ago? They can't use any of the excuses of trial shipments/size/FOB as it shouldn't be anywhere near that amount of discount.
 
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