if cnp goes would cba drop another 10 percent, page-4

PSARAS,

Please get the facts right before making a comment like this:

"if cnp goes monday cba will go up 10% becuase its loans are secured where as the other banks are not.... it is to cba's advantage to see centro go down."


CBA's unsecured exposure to Centro is $200million, ANZ's is $680 million and NAB's is $200 million. CBA holds the biggest secured position at $1.04 billion, followed by NAB at $750 million.

That is 200 Mil unsecure!

Yes strong support at $28, let's see how strong that is.
When Dow drops 8% tonight, and CNP goes belly up on Monday.