CER 0.00% 32.0¢ centro retail group

asset sales to reduce leverage, page-11

  1. 1,981 Posts.
    Sarc , You need to attend some math classes and learn about LVR. In your example if you sold all the crayons then you will be sitting at $2 loss. Your lenders will not let you do that. If you did that you will be bankruppt & there will be $2 class action by shareholders.

    Simply put, You need to sell assets at more than book value to reduce LVR else you increase your LVR.
 
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