bb,I can't tell you anything you don't already know, however...

bb,

I can't tell you anything you don't already know, however think about this for a moment.

CBA is one of the banks owed money. CBA did not make a song an dance about "an undisclosed debtor". CBA in the last couple of days expressed a belief that Centro was worth $2.90 - down from around ~$3.50.

If a creditor like CBA can still give Centro a valuation like that, agree to extension for the group to review and reorganize its business model, etc. then why should we be concerned?

I can't tell you when to buy and sell, but I can say use your skills to improve your position and be ready to jump in because the Centro story is not over by a long shot.

Next weeks accounts should be the start of the run back upp to true value - if not sooner, given that ppl must be running out of shares bought at around say 50c.