In relation to the hybrid.People have been saying that it should...

In relation to the hybrid.

People have been saying that it should be at this or at that amount. Most have been significantly higher than the current price and the moving average for the stock.

The question I have, why would an institution, who to a degree is in the box seat (I know many would disagree with this - but they are), why would they want to pay more for their equity than what the current share price is?

In my opinion that does not make sense. Afterall, they are the ones doing Centro the "favour" not the other way around.