CER centro retail group
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I think that the hedge funds are buying CER shares to have a...

  1. elenor67
    188 Posts.
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    30/07/11
    21:47
    Post #: 8750919
    I think that the hedge funds are buying CER shares to have a great share in the merged company. 51% of CER is CNP which will be in the hands of the Hedge funds with the debt for equity swap. the 51% + the ~15% the hedge funds already own, would get up around the 70% which is what the author was talking about. Yes CNP is what they are talking about, but cnp's biggest asset is its current stake in CER.
    Please correct me if I have not reasoned this correctly.
    CER Price at posting: 35.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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