classy action when the sp rises for centro

classy action today for cnp and cer as their sp's rose on news of the class actions first day in court. the market showed complete disregard for the percieved threat of legal action by disgruntled EX-shareholders, with the value of centro shares rising by some 10%.

obviously the market, and those that matter know that never in australian corporate history has a class action such as this succeeded in court.

with many possitive announcements due for holders of centro stock this month, investors should see the value of their shares rise accordingly.

fair blows the wind for centro and its investors, whom have battled together through some pretty tough times.