Its now only just 3 weeks since the Centro "story" broke. Give it time. You can't drop a nuclear bombshell like that and expect things to pick up right away. Its unlikely this stock will move up without positive announcements. Without them the Centro is likely to trade in the $1-$1.20 range while people wait for news.
Contrary to other posters, IMHO no news is indeed good news for Centro right now. It's been hit after hit the last 3 weeks. A couple of weeks of no news would signal the ship, whilst having taken on water, has stabilised and is trying to right itself. (can see I'm an old yachtie!).
The management of Centro (who should be cleaned out as soon as the mess passes) and the advisers must be given time to salvage the company. An absence of bad news should be taken as a positive for now.
CNP Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
