If Centro goes to the wall because Australian banks wont fund their continuing obligations, besides $10B being wiped from super funds and subsequently the prime assets sold off below par (god help us to an overseas buyer).. theres only one recourse.
the old Royal Commission into the Banking System.
theres a lot of bacon that needs saving, any my guess is that Centro is "too big to fail".
Not one commentator has said they cant pay their interest.
28 days to go for the refinancing.
CNP Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
