why dump at close, page-11

Hi Hope

I dont like to disclose the quantity but I am holding at an average of bout 11.5c.

For me CER is a bottom drawer stock and am holding CER for its distributions. Im not too interested in its daily movements.

I wouldnt be surprised to see an Australian bank take on the refinancing of CER's US liabilities (except for SuperLLC). As I pointed out the other day the value of the US assets is significantly greater than the value of the US liabilities.

Anyway we shall wait and see.

Cheers