CER 0.00% 32.0¢ centro retail group

orbis sells down stake

  1. 156 Posts.
    Change of substantial holding 5.07pm: Orbis sold 25m shares, total holding now 15.47% from 16.57%

    Confirms my decision to bail today on CER after not seeing a new substantial holder after last weeks activity, only too well remember from CNP days, and not willing to follow potential losses down if steam runs out... left with profit, and may re-enter at later stage.

    I've been following centro on/off for 2 years. Mis-timed and burnt in CNP as many others, learnt lots of lessons for sure. Have since recovered all losses and pleased to say now back in front.

    Good luck to all others, I still like this company long term, moreso CER unless dilution taken off CNP table.
 
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Currently unlisted public company.

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