Hi Shmi
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
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