101 it's even worse.
Centro CEO pays top dollar for US malls and over extends the company's finances.
The penny drops and so does the GFC causing Centro to plummet. Helped by the funds shorting the hell out of the SP and destroying value.
CEO is smacked on the hand and given a golden handshake rather than being drummed out of the regiment.
Centro suffer through the GFC paying MILLIONS in consultants fee for virtually nothing.
Now after suffering years of down turn the sell when the recovery has seemingly started.
centro sale signals reit's return , page-6
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