You think there has been no news? I will try and jog your memory
Hedges closed out Retail figures in the US Capital Restructure Incredible amount of interest in a wide variety of Centro's properties and business KPMG 67 million dollar payout Adelaide shopping 15% premium to book value NTA to be increased to 38c minimun (in isolation) Management hinting at increases in property valuations Large leases been signed up
I'm probably forgetting a few things but most of this is going to be announced amongst otherthings in 2 or 3 weeks.
I think it was a case of time running out for accumulators and the bar had to be lifted. There is obviously a lot more interest now.
Centro Retail is on the MAP :D
Good luck everyone
CER Price at posting:
30.5¢ Sentiment: None Disclosure: Held