"Given banks' attitude to date it would seem that Administration would be forthcoming (either voluntary by directors or in response to enforcement proceedings) only if Centro's cashflow was insufficient to meet ongoing costs including interest payments."
from what i understand, from looking at the figures, that is how it currently stands.
that is why it is 6.8c it might as well be 1c it's gambling on a dead cat bounce on a loser.
in the end, a company or a bank doesn't care if it collapses all the CEO's and board members are sitting pretty. when it falls they can just create another entity for suckers. just a big racket. wouldn't recommend sitting here looking at cnp all day.
i see the world leader are going to overhaul the financial system, but they are not saying how. i bet it involves the mark of the beast.
CNP Price at posting:
6.8¢ Sentiment: Sell Disclosure: Held
