If the news from The Australian is credible that means that the...

If the news from The Australian is credible that means that the ann. on the 1st may was misleading by claiming that “In the company’s view, the negotiation of all material terms for the further extensions has been substantively concluded (subject to final documentation) with all of its financiers except one which is owed less than $200 million”.

Unless the Banks had agreed to Sept extension but Centro wanted a longer dead line which stated in the 30th April ann. “Centro Properties Group (Centro) announces a seven day interim extension on all facilities expiring today in order to allow time for the finalisation of discussions with all financiers and the completion of documentation for a longer term extension.”