Apprentice, a question for someone with a bit of business accumen like yourself. With Centro's debt structure, would it perhaps be more equitable for creditors to let it fall under the weight of it's own financial ineptitude, and repackage the whole lot as a new entity, and refloat it on either the Yank or Aussie market. Creditors can be major shareholders , and with associated writedowns , accompanying a cashflow positive business with a huge asset base, make a sound business decision.A few issues with the intertwined mngmnt to sort,and you are away.. Seems better than dealing with a bunch of amateurs running this whole schmozzle, and looks better on peper than at mkt liquidation??..
CNP Price at posting:
10.5¢ Sentiment: None Disclosure: Not Held
