IMHO the Commonwealth Bank of Australia Ltd (CBA) has the responsibility to maintain the integrity of Centro. It would be irresponsible for them to force Centro to liquidate in this "ever diminishing" economic environment.It will erode the retail property sector to historic lows, probably also devalue their other customers assets to a point where they become over leveraged (is that the correct term) and so on and so on...I could be here all night making points.... you get the picture and its not pretty.
CNP Price at posting:
6.2¢ Sentiment: None Disclosure: Held
