CER 0.00% 32.0¢ centro retail group

asset sales to reduce leverage, page-16

  1. 6,669 Posts.
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    Pencil and paper time for you Hope.
    I have a feeling when you have done the arithmetic, wont see this post as one of your finest.
    Copper, and now we are adding in mark to market, dont remember that as being in the original discussion.
    Useful, but risky debating tactic, adding oranges to your apples.
    You would of course be correct if selling 1 thing at below book value caused the value of all your other assets to fall that amount.
    Not a given I'm afraid.
 
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