centro flags sale of $450m of us assets, page-3

Hi Portlad,

Just sat down and had a good read.
Two articles in the AFR today on CNP/CER.

My take away was the suggestion in street talk that this could be the last time around for CNP as the banks look likely to sell it off and recoup there $$.
The suggestion was that CER would survive that process after some restructure.

Its a waiting game really but the sense that CER can & will survive has me continuing to hold long term as the reward will be worth the wait given the low SP most long termers here got in at.

Cheers
Hotlegs