The AFR mentioned some shareholder suggested that the management pay the small debts first, then the medium debts and then the large debts....
Good tip...lol
Another article mainly summarised yesterdays announcement and mentioned that there was a lot of interest in CER assets and Lend Lease had approched them. The article said the Mr. Tsenin sought to play down the role of Lend Lease led consortium.
The board wasnt sure how many sovereign wealth funds were involved and who was backing who. Also talked about speculation that CIC might be involved.
CER Price at posting:
21.5¢ Sentiment: LT Buy Disclosure: Held
