CER
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0.00% 32.0¢ centro retail group

I would say it would be highly unlikely that a dividend...

  1. Fave
    77 Posts.
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    25/08/09
    12:48
    Post #: 5551677
    I would say it would be highly unlikely that a dividend re-investment plan will be adopted given the position of the major shareholder CNP. Despite the board seperation, CNP needs cash and non participation in a DRP would dilute their holdings and damage their balance sheet. This has been well documented by many others especially Defabstar.

    PS. I hold CNP
    CER Price at posting: 12.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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