CER
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0.00% 32.0¢ centro retail group

cer will trade below 4 cents, page-2

  1. blastoff
    1,683 Posts.
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    27/02/09
    11:09
    Post #: 4846796
    Buffett,

    Cant see dilution happening whatsoever unless it is a volunatry choice made by individual shareholders.

    The reason is CNP needs to maintain its 51% shareholding for equity accounting reasons.

    Nevertheless a rights issue by CER, or even multile rights issues over time, to all shareholders could 'fix' things overnight; should it be perceived such was necessary.

    It is not necessary however. The snowball is unbalanced and will start building momentum soon.

    Blastoff
    CER Price at posting: 4.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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