CER 0.00% 32.0¢ centro retail group

Isnt it the case that CER is 51 % owned by CNP, and taht CER...

  1. 8,114 Posts.
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    Isnt it the case that CER is 51 % owned by CNP, and taht CER owes a substantial amount in loans.

    The 90% may not 100% accurate, ( rather should say Banks are into CER in a substantial way ) but how do we know the accurate figure, given that Real Estate values fluctuate , so at some stage if the values go down the Banks may well be owed more than the value of the centers ( and in my opinion that is substantial.

    The point I was making is taht I take comfort from teh fact taht the Bnaks do own so much of teh Centro group.

    They will look after us small investers by default
 
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Currently unlisted public company.

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