asx announcement worth reading, page-16

CER is in a catch 22 situation. It needs to get into the ASX 200 for most of the institutions to invest and it doesnt seem to want to get there without them. It will happen but until it does it will continue to be traded and be a favourite for day traders because of the volatility and the volume available for trading.It particularly suits the smaller traders and I can say all that from experience trading CER. I would prefer to just hold long term but if you have to live with traders then make the most of the situation.