CEU
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0.00% 54.5¢ connecteast group

Well LZAI think you are spot on in saying that 55c is not...

  1. Greenvalley2006
    33 Posts.
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    22/07/11
    16:31
    Post #: 8714359
    Well LZA

    I think you are spot on in saying that 55c is not enough, and I think the market agrees with you.

    Sales today were between 54c and 54.5c.

    The offer of 55c by Horizon Roads / CP2 would be implemented in October, and the dividend of 1c already gone for new buyers.

    Meaning buyers are getting in now to get between 1c and 0.5c in maybe 3 months? I don't think so!

    It looks like the market believes there will be an other higher offer.

    What do others think?
    CEU Price at posting: 54.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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