the jase - Re; CNP - Well everything I have read states the...

  1. 25,108 Posts.
    the jase - Re; CNP - Well everything I have read states the opposite! Also, everything that I have managed to research lately doesn't really explain the rise in Centro. FYI, here is one of the latest press articles on Centro:-

    Source: www.tradingmarkets.com

    Centro's debt a worry for auditor
    Wed. September 30, 2009; Posted: 08:37 PM

    Sep 30, 2009 (The Australian Financial Review) Ernst & Young replaced PricewaterhouseCoopers as the auditor of the troubled Centro Properties Group late in the 2008-09 financial year. The firm has warned in Centro's annual report that its high debt burden means there is a high level of uncertainty regarding its ability to continue as a going concern.


    Cheers, Pie (:
    A CENTRO SHAREHOLDER OF LONG STANDING (Hi iPod, lol!)
 
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