Redcape up 120% today on a co update. Similarly NLG up 16% on no news. Might explain the slight increase in interest in CXH in recent days and provide an indication of what might be expected should we receive a positive update regarding conversations with St George.
It seems pub valuations have hit the bottom as per the attached - http://www.theshout.com.au/2011/02/07/article/Deal-a-Boost-to-Sydney-Pub-Confidence/FBEOLRDODT.html
One can hope. Fingers crossed the worst is behind us.
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