CER 0.00% 32.0¢ centro retail group

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  1. 9,634 Posts.
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    "the receivers are going to absolutely love this. This will be a once in a lifetime job to take on"

    It will be CNP going into receivership. The costs should come from CNP and be deducted from the sale of CNP assets of which CER shares are a big part. The other asset is the management rights including the management of CER.

    All that should affect CER is new shareholders, probably the current CNP lenders and new managers. This should not be a cost burden for CER. CER should not go into receivership. I've bought back in on that assumption.
 
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