stock rotation, page-3

I wouldn't worry too much.

As I said here,

http://www.hotcopper.com.au/post_single.asp?fid=1&tid=669756&msgno=2853709#2853709

Centro has many interests in restoring investor confidence and in turn, a stronger share price.

The GR interview with Business Spectator last week was a good start, although it came too late to have an impact on the rapidly declining sentiment.

Having been around a while, it wouldn't surprise me if we saw some more PR in the short-term.

They will sense the need to clarify some of the points in the ann from last week as clearly it has had the adverse effect to what many may have thought.

In addition, there are at least two upcoming events on which the company will need to comment: firstly, the destiny of CAF in the next 30 days (p3 of the ann) and secondly, an update on or around May 30th.

Aside from the 'we will fight them on the beaches' announcement yesterday, it is unlikely he company will provide much more comment on the litigation; it is just too much of a minefield. I asked Investor Services about this twice yesterday and was told both times that they have been told not to comment.

Either way, you can sense that some clarification or upbeat comments from the CEO will go a long way in the current environment.