Ditto shmi As I see it, this as a positive move and a natural progresion in the seperation of CER from the head stock.
In the paragraph mentioning the $27B sale, it refers to the "sale" of properties within CAWF, ......AND, the joint three properies co owned by CER & CAWF (Mildura,Gallaria & The Glen). The intertwining of CNP & CER assets are complicated and the unravelling is a natural step. If we are ever going to get on with seperating CNP & CER we have to start doing something sooner or later.
CER Price at posting:
18.5¢ Sentiment: None Disclosure: Held
