Thank you Baron. Excellent post. I agree. I posted earlier that I thought the falling volume was a good sign as it meant day traders were most likely gone. A drop from 49 to 46.5 is nothing to worry about considering the battering the market is taking as awhole. I think Centro are waiting to the lst minute to try and negotiate the best offer possible. Why would they accept firstly 90c, when it seems to have already gone up to AU$1.08 an with 2 weeks to go, may go up further. Day traders exiting today as well as a red down may ahve been a factor. But as it was only a couple of cents, I'm not concerned.
CNP Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held