my reasons for holding cnp, page-15

CENTRO WILL SURVIVE... reason is that banks will have cut big losses in this and they will be further down than there current situations which they probably will not like and at the same time they have there shareholders to ans as well.

I suppose from a Banks prespective though they may thing Centro have been given extentions for almost a year and they have done little to help the situation. They have wipped of 2bil in value of the company in the past year. How much longer can they risk Centro wipping of more value before they pull the pin and creating A bigger loss. As time goes by without A long term solution Banks are increasing their risk. Its just at what point they say enough is enough. Maybe thats now maybe it's not. Well see. I hold my 50/50 chance on this one.