Thanks Swap for your response. I have read about a few companies buying out there positions or cashing in on their positions with an expectation of improving interest rates and exchange rates, but as you say we really cannot tell with Centro what the position is and whether it is worthwhile, whether they are able to etc. From what I read in the Centro NP LLC statement end of Sept they cashed out/settled some hedging arrangements which according to the statement saved them $4 mil.
CNP Price at posting:
4.2¢ Sentiment: Hold Disclosure: Held
