"Stockland's chief executive of commercial property, John Schroder, has remained silent about rumours he is the man Centro would like as chief executive.
Some sources linked to Centro say that it is understood the shopping centre owner is struggling to find a replacement for Mr Rufrano.
Another theory is that a move by the struggling Valad Property Group this week to secure $59.5m in a Goldman Sachs JB Were-backed equity raising at 10c per security offered hope to investors that Centro, too, might be able to attract cash to inject into the business.
One analyst also suggested that a possible restructure or break-up of the group could be under way, although, given the complexity of the structure of the company, this could be difficult. "
CNP Price at posting:
40.0¢ Sentiment: ST Buy Disclosure: Held