read the asx announcement, page-27

Well thank heavens I don't hold them at that sort of average.

Anyway, re this debt for equity: some people have interpreted it as meaning if the debt is paid back within the 3 year time frame, there will be no equity held by the banks. Obviously unlikely.

Someone else is saying because they do hold 90% equity now, they have a right to take the last 10% from small holders like ourselves.

My understanding is they will now OWN 90% of the company and CNP and CER will keep paying back the interest at probably 10% or whatever so the banks will have a huge win in every direction. In a few years' time when the financial crisis is over, the value of the land and centres will be enormous. The share price then would reflect that.

What do you think?