It's going to take some time to digest this (bang goes my evening) but I am reading this right? Rental growth in the US was actually stronger than Australia for both CNP and CER?
Just doesn't seem to gel with what we are hearing about the US market.
Certainly explains why the banks haven't pressured the company for a fire sale of assets.
Feels like a very subtle, professional, two-fingers-up from the company to some of the disbelievers.
Can't wait to hear what negative spin the media puts on this tomorrow.
CNP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held