CER 0.00% 32.0¢ centro retail group

Tomski,You will find that their consensus is probably that there...

  1. 3,760 Posts.
    Tomski,

    You will find that their consensus is probably that there is still plenty of time, which if you are a trader, is quite true. If you are a trader you will simply look at the number of trading days until say 19th of June and probably sit on the sidelines and wait for a down day which there will certainly be a few.

    Also worth a comment on this 55 cent business. Even with say a 1.4 cent dividend CER will simply not go to 55 cents. 14-20 cents would be the money IF there is a dividend (here's hoping). And until such a time as a dividend is announce it will trade on or around 10% of NTA like every other "distressed" REIT.

    PS: None of this price or trading behaviour bothers me.

    PPS: Not trying to speak on Buffett or Selmax behalf but this has been posted on in the past.

    PPPS: Tomski that was a serious question by the way about the chart. I am curious.

 
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