100 banks and funds are set to take in new cer

Banks set to take stake in Centro

by: Sarah Danckert
From:The Australian
October 22, 201112:00AM

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Hi All,

Just found this.
Hard to know what to do my head says stick with Defab & vote no.
The case to vote yes would seem very strong and the scare campaign to compell us to accept the deal as it is seems to be working.

I find it interesting that in the month or two before all this became known the SP climbed to that 39.5c level on good volume.
Now no volume and the sp has drifted to current range 26c.
Who bought all those shares up to low 30c range to 39c range and there is no insider trading on the ASX.

Cheers
Hotlegs


MORE than 100 banks and funds are set to take a slice of Centro Retail Australia if shareholders approve the company's plans to avoid a collapse of Centro Properties through the merger of two listed companies and a barrage of satellite funds to create a $3 billion shopping centre empire.

MORE than 100 different banks and funds are set to take a slice of Centro Retail Australia if shareholders approve the company's plans to avoid a collapse of Centro Properties through the merger of two listed companies and a barrage of satellite funds to create a $3 billion shopping centre empire.