I thing everyone is touchy atm, including me!
However I have assets I don't own - called a mortgage! If I were forced to sell, my equity would be >70%, so even in a sale I would get a considerable amount. Centro is the same - $26.6B in assets, say 70% realized in sales would still leave $18.6B, with $15.9B in debt, leaving $2.72B - throw away 700M for costs etc, that still leaves $2B and with 845M shares outstanding - that would be about $3 per share.
Even 50% less would still reap $1.50 - would make me very happy but other SH probably very sad...
- Forums
- ASX - By Stock
- CNP
- mc now 380m
mc now 380m, page-14
-
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)