I think it will go up tomorrow.
I think today's 2 cent drop was a result of
a) T + 1 traders getting out
b) People panicking when it initally fell.
After falling quickly to 44.5, it recovered a cent at the close.
Unless the Centro release was deliberately misleading, then the logical conclusion is that they are very close to completing the extension.
I can't work out why they didn't stay in a trading halt until it's sorted though.
The fact that they have chosen to resume trading indicates to me, that an extension is far more likely than administration - there will be hell to pay if they've allowed trading to continue if there is a good chance it's going under.
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I think it will go up tomorrow. I think today's 2 cent drop was...
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