Nice one defabstar!
I agree I was thinking of buying shares in OIF until they destroyed their upside by taking money from an investor who I think was from South Africa at a very low ball price.
It does worry me in the back of my mind that CER maybe forced into doing something like this in December 2009. I know CNP will then be in breach of some of its covenants but seeing that banks own it anyway I dont think the bank shareholders will be to worried!
Mind you the upside of this article is that there should be less sellers due to other funds being cashed up and thus a higher price should be gain by anyone selling.
- Forums
- ASX - By Stock
- CER
- australia reits have raised too much equity
australia reits have raised too much equity, page-2
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CER (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online