I think JSOL is right, the 5% of CNP that macquarie controlled would not have been owned by macquarie directly, it would have been part of the intvestments of managed funds or super funds or warrants or something similar which macquarie operates.
So when centro falls, its the value of the investors who have invested in those managed funds or super funds or warrants products that goes down. Not macquarie's problem.
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I think JSOL is right, the 5% of CNP that macquarie controlled...
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