OK, I admit that comparing Centro to a work of art may have been...

OK, I admit that comparing Centro to a work of art may have been the wrong approach. I also sense the forum has lost some sense of humour in my absence.

We live and learn.

My point of course is that the second largest retail portfolio owner in Australia / fifth largest in the US which manages or owns $22.6bn of assets has got to the point where it is worth just over $50m... ($51.55m to be precise).

As a humorous aside, here are some other things worth just over A$50m, none of which is a work of art:

Timber that was destroyed in a fire in Tasmania in 2006:
http://www.abc.net.au/rural/tas/content/2006/s1812704.htm

A van full of ecstasy:
http://www.news.com.au/heraldsun/story/0,21985,20952575-661,00.html

The worlds largest record collection (no one wants that either):
http://www.gizmodo.com.au/2008/08/worlds_largest_record_collection_is_worth_50_million_no_one_wants_it_for_3_million-2.html

Ex-Allco CEO David Coe's house:
http://www.smh.com.au/articles/2008/05/23/1211183102960.html
(Maybe he can give some of the proceeds to AFG shareholders)

The amount of net income BHP makes in 28.9 hours. (BHP total NI for 2008 $15.4bn, or $1.75m per hour)

First prize in the Hudson County lottery:
http://www.nj.com/hudson/index.ssf/2008/11/mega_millions_lottery_rolls_ov.html
(That's US$ too!)

The amount SHEIK Mohammed bin Rashid al-Maktoum spent on race horses in 2006:
http://www.theage.com.au/news/horse-racing/sheik-spends-51m-at-sales/2005/09/14/1126377374249.html
(He paid $12.8m for just one horse - that's 209.8m CNP shares-worth)