thank you t4p for a level headed opinion

T4P,

Thanks for your post below. A bit of level headedness amounst a sea of panic

Thanks




Did you guys actually read the announcement?

"In regards to the article on page 54 of the Australian Financial Review today, as previously announced, Centro Properties Group is in discussions with a number of parties and lender groups in relation to the recapitalisation process. Those discussions remain incomplete. At this time, there is no certainty or assurance that these discussions will lead to a transaction, what form such transaction may take, or what value might arise out of a transaction, if any."

So...der...translation?

Yes, we are in play, but not yet ready to announce.

We know they have been offered 90c thanks to the leak all over the airways...I would not be surprised to learn CNP themselves leaked the news to get their price up as part of their own negotiating position.

The price will rise on this news...signfificantly.

Cheers!