http://www.businessday.com.au/business/centro-chief-says-debt-dea...

http://www.businessday.com.au/business/centro-chief-says-debt-deal-will-save-it-20090116-7j4i.html

Centro chief says debt deal will save it

Natalie Craig
January 17, 2009


...A class action still looms from Centro shareholders who say the company failed to properly disclose its debts at the end of Mr Scott's tenure. And fund managers say the company is yet to rate as an investment prospect.

"We're just not interested in them any more," said Austock's managing director, Alan Sheen.

Richard Morris, of Constellation Capital Management, said the stock had not been investment grade for months...


There you go Intellimoney,
I don't think CER is a bad buy, but if you were after a "quick rich", I wouldn't bet on it. However with a 3 year extension on our hands, if you put say $20k in it and don't look at it for 7 years. By 2016 if Centro is still around, you will be in for a rich surprise! Then again, there is no rush and no need to buy CER yet. There's plenty of time. I've got a feeling after all this hype is gone, CER/CNP will be a stock like RHG, very little volume and it will float between $0.08~$0.15 for the months to come.