In AFR article they said it was to YORK CAPITAL...
Interesting UBS trading in the securities and also being CER's advisors..manipulation? who knows..
The CEO should now re-instate a distribution policy,(post US assets Closing).Regardless of an amalgamation.. This would be an definite advantage in boosting the SP, hence boosting CER's bargaining position in any amalgamation process..imo
CER Price at posting:
34.0¢ Sentiment: Hold Disclosure: Held