Guys CNP is worth more than 0.90, what are u waiting for?Centro...

Guys CNP is worth more than 0.90, what are u waiting for?

Centro on brink as interest falls short

Source - The Australian Financial Review

Financially troubled Centro Properties Group has received six bids, but all are well short of its December 2007 share price of $A5.70. The prospective buyers are unwilling to pay more than $A0.90 per share. This is well above Centro's current share price of $A0.29, but seemingly not enough to put the company out of risk of administration. Centro's lenders would prefer that the assets of the Centro Australia Wholesale fund be offered separately, as they hopefully await a more acceptable offer from a single large investor

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