Guys i dont think its a problem in paying debts and also the...

Guys i dont think its a problem in paying debts and also the extensions.

As we all know now with Govts are helping banks to be afloat why banks will axe themselves by putting CNP into recievership. Why ??

Interest rates getting down as it has already gone down few % and now atleast another 1 % is due by Dec as per westpac analysts on TV yday.

i think banks will give Centro a good extension this time and will let CNP pay the debt and they will also try to balance their ouwn balance sheets.

Any thoughts.