"Centro has received six bids in a variety of shapes, but it is understood the interest is around buying up Centro shares at a maximum of about 90c each. While that is a substantial premium to Centro's closing price yesterday of 29.5c, it is a fraction of the $5.70 the shares were worth in December....."
I guess this is why many of us have been averaging down our holdings...
this is also the reason that the SP has stubboornly stayed in the current 28-30c price range imo
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