My understanding is the current sp is the market building in the present information and expected outlook for the next 12 months; assuming efficient markets, adjusted daily for known information together with information yet to be made publicly available plus expectations for the next 12 months. So, stating the obvious, very scary at the moment!!! I have faith in Gottliebsen's opinion on Centro including government intervention on the banks, otherwise disastrous for all of us
CER Price at posting:
5.0¢ Sentiment: None Disclosure: Held
