Warnie,it's great your passionate about cer and im just as excited as you but i think what counts for me is the nice slow movement in a north easterly direction i.e. sp chart and not gaining 200% in one day and then a massive drop the next.
This time around investors should look at this as a major announcement and not a check point check point extension i.e every 3months.This is much different as now cer has secured a 2 year extension on super llc debt as well as a possibility of dividends in the near term.
I value the shares much more than current sp levels but to give u any indication 2morrow i wish i had a crystal ball.But i feel confident that the lows we got in the sp last week are finished,gone with and history and shouldn't go back to those levels again.
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cer agrees stabilisation plan with financiers, page-16
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