In earlier posts I did say that "even with CNP using CER as a cash cow that CER could still make a profit and pay a dividend"
Those charges are in the past and certainly were the result of creative accounting. With new and independant directors this should not be happening now so it makes a good dividend for this financial year more and more likely. Dividends are the factor that will reinstate CER to funds favouritism and the resulting SP increase.
Roll on the creation of CER millionaires. As usual my sentiment is "Long term buy". Ignore the day by day SP.
CER Price at posting:
19.0¢ Sentiment: LT Buy Disclosure: Held