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centro flags sale of $450m of us assets

  1. hotlegs8693
    432 Posts.
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    02/11/10
    01:10
    Post #: 7417363
    Hi All,

    I dont have access to AFR online but will be reading the AFR paper tomorrow an article on some more sales of US properties.
    Maybe way CNP had a run then drop today on large turnover or larger than normal anyway.

    Things starting to happen. Quarterly due out next week and AGM due in two weeks time.

    Cheers
    Hotlegs

    Centro flags US asset sale
    PRINT EDITION: 2 Nov 2010
    Centro has flagged the sale of a $450 million portfolio of its US assets by December to settle a looming debt to JPMorgan.

    CER Price at posting: 17.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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