fire sale by 15 feb 2008 with ccc junk rating, page-80

ASX ASIC you know what I mean.

I still find it amazing after all the information that has been brought forward so far that you can be so certain that Centro will fix up their credit woes and continue on with business as usual.

Sticking your head in the sand isn't going to make it go awy I'm afraid.

Centro's future value could be somewhere between 50c and $2 in my view, and that's if the banks don't tighen the screws and push them out of existence.

I think that CNP's asset values have been over-stated and thus the curren issues at hand. The complexity of the company structure does not help either. CNP will be dismantled in one form or another and the shareholders will not be the lucky beneficiaries.