managment reporting, page-7

Best post ever x blastoff

It's frustrating to see companies selling assets at bottom of cycles.

CER did say that they will not be selling any more assets relating to their core business though.

However, If a Major capital transaction were to take place, isnt that kind of selling core assets???

Hopefully some genious at UBS does all the hard yards on paper and comes up with a fantastic solution.

Genius @ UBS "I've got it........ I have worked out that best and most advantageous action would be to,....... (drum roll)....... Do nothing and watch valuations rise."

Seriously though,

Waiting a few years to do a major transaction would be the smartest option. This would reduce gearing substantially.

Selling anything now will have little impact.