CER 0.00% 32.0¢ centro retail group

10c buyers can whistle dixie, page-4

  1. 229 Posts.
    MDP, I can see your trade in the list.

    It is also interesting to note that there are a total of 7.7Million on the buy side and 12Million on the sell side.

    Clearly there are lots of traders who have bought at 10c or below and have placed their sells at 13.5, 14 and higher to take an immediate 30%-50%profit on the announcement.

    It will be interesting to see where the price bounces to on the announcement and what it pulls back to, and then where it settles for the day, and the week.

    I can't see it going over 15c in the first few days as the profit takers grab their money, then when the dust settles a steady growth will hopefully set in.
 
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