CNP 0.00% 4.0¢ cnpr group

banks hold key to cnp, page-42

  1. 1,981 Posts.
    well, the P/L is in terms of A$. As far as debt payment is concerned, Centro hasn't sold enough in Australia so they are not paying anything in A$. US sells should pay US debt so no effect of Fx. In fact the value of assets has increased by about 500mil due to falling A$. That should reduce gearing when lenders consider extension.

    A$ falling is positive for Centro.
 
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