coppertop, Common sense from the bank should let centro continue via a longer term extension.In my opinion banks would be stupid to stop ongoing debt payments made on time by centro. If u think about it for a sec and u were a banker, wouldn't u look at the company and all the history associated with the company and say hey this company doesn't have a problem with debt payment and associated costs so therefore how can we support this company over the longer term to keep our business ongoing.I.E If we keep u solvent then we still make a ton of money from u in the long Run.Inexperienced bankers look at short term problems where as experienced bankers will look beyond this mess and will also realise that banking stocks might be affected if people start buying put option and short sell like crazy.
- Forums
- ASX - By Stock
- centro shares surge 33per defying market gloom
coppertop, Common sense from the bank should let centro continue...
-
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CNP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online