to be honest I expected this drop. The leaked info almost everyone had said that the contracts for sale would become unconditional on friday. Youll notice at about 2pm that day was the drop. I think this was due to the fact most people realised centro where not going to annonance their asset sales right away. I think Well see a run coming up to the 28th which is when the Annual results are realeased this I believe will be around friday / monday. I think really this stock is priced for alot worse then what the figures will be ( After looking at US sales figures and retail spending, vacancy rates etc). Once people have confidence in this stock to make profits even in the bad times will help bring confidence back into it. So my opinion is pick up some 24.5 now why you can. Even if people think its a lemon hold until the figures are out on the 28th. Because well likely see A run to this date.
CNP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
