CRF 0.00% $2.30 centro retail australia

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  1. 4,683 Posts.
    Yeah it'd be good to be sitting on a larger paper profit, but I have no desire to sell. Just keep the distributions coming and maximise their value.

    That said, man CRF is so boring now... No journo comments of beleaguered, debt ridden, administration, refinancing risks and of course the clanger of them all, that complete idiot from the Melbourne Age if I remember correctly, who reported Centro failed to get refinancing and that they would be going into administration.

    This was at about 8:30am on the morning of the announcement. Shares were in halt from the previous day. And in true let's not check the facts media practice, Sky News, Channel 10 and many others parroted out the same "news".

    Well the announcement came and the refinancing was approved and didn't the retractions fly!

    I'm not sure what happened to that Age journo but if Karma is real he's cleaning the toilets at the MCG with his tongue after being sacked.
 
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