Better than expected news with this year being a crucial one...

Better than expected news with this year being a crucial one from a debt perspective.

The major debts have been rolled and at a risk competitive rate.

The approach of waiting to ride the investment cycle is paying off. The rolled debts also shows that insolvency is a far and distant concern for the lenders. I guess the recognise having centro as a customer makes more sense than selling all the assets in a soft market.

Now it is time to get past the class action which is the only one that affects the company.

The ASIC action is all about some past directors.

Glad I have held from Feb 09.