CER 0.00% 32.0¢ centro retail group

1 month left

  1. 47 Posts.
    bring it on! IF 34 cents tomorrow I'll sell all my other shares and buy CER. CER has assets so if it wounds up the estimated book value is 80 cents which still poses a 130% premium on it current SP. IF it doesn't wind up we can continue to enjoy the dividends or SP appreciation.

    This stock is not for the faint hearted, I'm pretty optimistic . They wouldn't replace the CEO if they believe its not going to survive after feb. I thinks its a matter of worst/best case scenario. Worst beside liquidation is obviously a rights issue which will cause a major share dilution at cheap prices, best would be a T/O. With so many "apparent" interested parties, I think they are working on finding the best deal.

    GL all, only one month away, this is a chance to either be real broke or take a nice long holiday.
 
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