If there's any real substance behind the move, and its not just we trigger-happy day traders racing the price up, then my money is on a buy-out offer.
Centro published last month a negative Net Tangible Assets value per security of -$2.23. Imagine how the prospectus for a capital raising would look? Want to buy a (diluted) share of ... nothing?
And remember, the AFR published an artice on the 27th of last month that Centro had been approached with offers.
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