CER
Click for more information
0.00% 32.0¢ centro retail group

orbis selling

  1. buffett
    3,298 Posts.
    lightbulb Created with Sketch. 19
    clock Created with Sketch.
    16/10/09
    16:51
    Post #: 5792057
    Today's late announcement shows Orbis has sold down from 353.6m (15.4%) to 327.6m. (14.35) on the 14/10/2009. It looks like Orbis is now ready to lighten its holding in CER. CER will need plenty of buyers to absorb Orbis's 327.6m. shares remaining, so it could put a bit of a dampener on the share price for a while.Would be nice if company could find a buyer for this line, then it is out of the way for CER existing shareholders.
    Regards
    Buffett
    PS: No investment advice given on CER, please do your own research.
    CER Price at posting: 20.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

TLX Telix dips as pharma giant abandons US IPO for NASDAQ listing – despite record run
right-arrow Created with Sketch.
NEWS Week 24 Wrap: US contagion sentiment not so contagious; iron ore remains pressured
right-arrow Created with Sketch.
NEWS MiningNews Select Conference: Inflation and global shifts pose funding challenges for Aus miners
right-arrow Created with Sketch.
TSO Tesoro reports gold grading 173g/t in Chile, sending share price soaring
right-arrow Created with Sketch.
NEWS From the Floor question: "Is lithium dead?"
right-arrow Created with Sketch.
NEWS Drill, drill, drill: 3 explorers with news on Friday – Sun Silver, Aurelia & PNX Metals
right-arrow Created with Sketch.
watchlist Created with Sketch. Add CER (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.