I expect the May numbers to be about 156000 ADT What happens to CEU will closely reflect how Victoria performs in the next few years.
Victoria is ruled by a shrewd Labor Govt in whose interest it is that CEU do well. CEU is the heart of East Melbourne economy. Today we were reminded that commercial reits are showing signs of life. GPT off loaded nearly .5B of property at nearly Dec 08 values. Development along Eastlink should resume. The road is finding very good patronage from the business community. And the tolls are cheap.
I am buying on each dip
CEU Price at posting:
29.7¢ Sentiment: Buy Disclosure: Held