Very interesting read. Especialy the bit about 'Inland'.
"Indeed, a decision this week by an unlisted US fund, Inland American Real Estate Trust, to acquire a $200 million Centro note was seen as a bet that Centro may be forced into administration. This could deliver 25 US-based shopping malls secured by the note directly into the hands of Inland."
There are so many views about the whole situation that it is difficult to make up your mind which way it will go. Some days I am quite confident and some days I'm not.
Good luck to all.
arminius
CNP Price at posting:
7.5¢ Sentiment: Hold Disclosure: Held