Hi, first time post to this forum but I have been following it for a couple of months now. I have some CER shares and will hold long term.
My conspiracy theory is that CER will distribute all profit in the final distribution. The banks have "asked" for this to happen, there by giving them 6 months to buy stock in CER so they will gain the full distribution advantage.
If CER paid half distribution now the banks would miss out and only indirectly gain through CNPs half share holding of CER. I also find the ASX releases to be slightly misleading so as again to allow for banks to pick up shares. There would be no insider trading evident as the public has been told what will happen with the loans, even if the information has made vague and complicated to keep confusion in the stock.
Pretty good conspiracy theory hey? :)
CER Price at posting:
5.0¢ Sentiment: LT Buy Disclosure: Held
