Place your bets - how many bps do you think the RBA will cut by???
In a little more than 5 minutes time the rate cut will eventually translate to real bottom line savings for Centro; which could be the equivalent of selling multiple shopping centres.
Possible Rate Cut Outcomes
25bps rate cut = $32.5m saving to Centro 50bps rate cut = $65m saving to Centro 75bps rate cut = $97.5m saving to Centro 100bps rate cut = $130m saving to Centro 125bps rate cut = $162.5m saving to Centro 150bps rate cut = $195m saving to Centro 175bps rate cut = $227.5m saving to Centro
and ... drum rolllllllllllllll ...
a 200bps rate cut = a WHOPPING $260m saving to Centro!!!
Now that's GOTTA be worth more than 6.9 cents per share atm, wouldn't you agree??? LOL.
Cheers, Pie :)
CNP Price at posting:
7.0¢ Sentiment: None Disclosure: Held
