CER 0.00% 32.0¢ centro retail group

asx announcement worth reading, page-7

  1. 3,298 Posts.
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    Hope2008,
    CER are not in the same position as GPT, but if unit price were to rise high enough then there will always be a possssibly. As the major shareholders are effectively the banks via CNP they can fund their proportions easily cf small shareholders. Don't see this as an immediate issue but if units were say 30 cents then they could go with say a 1 for 1 at say 25 cents just like GPT continues to do.
    Hopeful the banks won't want to increase their position in these assets & that may discourage any issues like GPT has done.
    Regards
    Buffett
 
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Currently unlisted public company.

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