CER 0.00% 32.0¢ centro retail group

further question to investor services, page-3

  1. 25,108 Posts.
    Hi defabstar,

    With regard to your Q.4, imo Centro Management are not concerned with the day-to-day fluctuations of the sp in the slightest, but are moreso firmly 'focused' on the future direction (and long term survival) of the Company which will in turn be reflected in the sp going forward.

    Investor confidence will return when the future direction of the Company is more apparent. I don't know how badly the class action is spooking investors/the market. Management are still on the macro picture rather than the micro day-to-day scenario; at least that is how I see it.

    Anyways that's my 2 cents worth and now I'm heading out for a well earned coffee break and a quick read of the papers!

    Cheers, Pie :)
 
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