CER 0.00% 32.0¢ centro retail group

shareholders step up the pressure on centro de, page-3

  1. 18,360 Posts.
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    This applies to CNP rather than CER. The recent CER report, as I read it, relates to other Centro trusts being possibility incorporated with CER but does not mean that CNP will become part of any reorganisation. I fail to see that they have any claim. The lenders can simply forclose when loans are due for repayment and CNP goes into administration and its eventual winding up. As I see it CER will only include any fund with a positive NTA. All any challenge would do is delay a restructure.

    While I still believe that CER has a future and the SP will increase I have sold down over half my holding for reinvestment elsewhere.
 
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Currently unlisted public company.

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