CER centro retail group

why dump at close, page-11

  1. 5,874 Posts.
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    Hi Hope

    I dont like to disclose the quantity but I am holding at an average of bout 11.5c.

    For me CER is a bottom drawer stock and am holding CER for its distributions. Im not too interested in its daily movements.

    I wouldnt be surprised to see an Australian bank take on the refinancing of CER's US liabilities (except for SuperLLC). As I pointed out the other day the value of the US assets is significantly greater than the value of the US liabilities.

    Anyway we shall wait and see.

    Cheers
 
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