Buffet can you or some other preacher of doom with regards to hybrids tell me how a convertible note which converts to cash/shares in 3 years time is going to cause a huge amount of problems to people who bought shares for under 80c?
You can only think it is going to be a problem if you think in 3 years time the share price is still going to be a these sort of levels.
I dont think anybody thinks that!
I saw lateline business last night and yeah what that lasalle bloke said renfroced in me that centro is doing its best in this current market. I am sure the banks understand and I think when in comes to Dec 15 it will be a case of "steady as she goes"
CNP Price at posting:
9.2¢ Sentiment: LT Buy Disclosure: Held
