WangchungAnd these ill gotten gains doubled in value. The moral...

Wangchung

And these ill gotten gains doubled in value. The moral is that there is more money in property than retail !!!

The latest with CPs is the administrators and receivers are trying to find a buyer. Very Very unlikely.

At best a retailer like Winnings may pick up the leases on prime sites like Aspley and Mermaid Waters etc ( this may include purchasing existing stock as a condition )

More probably outcome is the leases are abandoned and the stock sold off to get money for the secured holders.

The only thing certain is there will be NO money for shareholders.