Surely it depends on the outcome. If Centro falls over then what liability have they taken on ?
If it doesn't and they get a meaningful extension (ie 2 years) then I would agree they have earnt their money.
At this point in time I cannot see how they have earnt it. I would would be happy to see a large success fee linked to market cap - eg if at Jun 30 2009 CNP market cap was in excess of $500M and Jun 30 2010 was in excess of $1 billion.
CNP Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
