CNP
Click for more information
0.00% 4.0¢ cnpr group

Hi Joelbaby,2) CNP does not own the properties - the banks...

  1. alphasource
    118 Posts.
    clock Created with Sketch.
    18/03/08
    17:35
    Post #: 3484887
    Hi Joelbaby,

    2) CNP does not own the properties - the banks do.

    Correct me if I am wrong but the loans that the bank gave to Centro are unsecure with no covenant arrangements. I read it as Centro owns the assets but owes the bank $$$.

    CNP Price at posting: 0.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Biotech innovator secures $5.5M R&D tax incentive refund – major boost for cutting-edge programs
right-arrow Created with Sketch.
NEWS Bonanza grade gold zones discovered – major upside at Western Flanks revealed
right-arrow Created with Sketch.
NEWS RC drilling underway at Campo Grande – targeting ultra high-grade rare earths in Brazil
right-arrow Created with Sketch.
NEWS Secured: $3.1M U.S. government contract for high-tech systems – find out what's next
right-arrow Created with Sketch.
NEWS 8000 people have viewed this thread today!
right-arrow Created with Sketch.
NEWS Vast rare earth discovery unveiled – step-out drilling confirms major resource potential
right-arrow Created with Sketch.
watchlist Created with Sketch. Add CNP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.