today's market reaction, page-2

This announcement and news of the past few weeks is probably the biggest and best news CER has had in the last 3 years in my opinion. I would still guess that the really big players may hold out for a little bit longer before investing large amounts of cash, however i think we will see several players move in substantially on this recent news so they have their toes in the water.

However, I dont think this will eventuate the SP reaching or holding at 30c in the short term, till we get a more definitive announcement on the breakup from CNP, but i would like to see a peak above 25 and maybe even a new floor near there.

CER has taken a long time to come around, but this and the recent hedge close outs are significant moves towards significant gains for all holders. I have held for more than 2 years now and am more bullish then ever on CER now.