CER 0.00% 32.0¢ centro retail group

"And it makes a lot of sense not to pay divvy, if CER were going...

  1. 18,160 Posts.
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    "And it makes a lot of sense not to pay divvy, if CER were going to part ways with CNP, why give them half of the profits"

    It makes more sense to give CNP half the profits than to give it to the tax office. After all CNP is still in this with CER even if CER gains its independance.

    If CER can avoid giving it to either then I am OK with the deal. I'm a little disappointed to understand why there was not enough profit regardless of creative accounting to pay some dividend. The financial figures will need to show how trading profits have been used and if they have been used for the long term benefit of all shareholders.

    I see no reason to worry ...Yet.
 
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Currently unlisted public company.

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