Hi Hajji,Not going to happen as over half of CER's units on...

Hi Hajji,

Not going to happen as over half of CER's units on issue were issued as a result of the merger with CSF and takeover of New Plan (SuperLLC).


688,730,309 shares were issued to CSF investors as part of the merger with CER. This is nearly 30% of CER's 2.3b shares on issue.

http://www.asx.com.au/asxpdf/20070920/pdf/314n9nw7lqdzr9.pdf


Another 580m shares were issued in March 2007 as part of the purchase of New Plan. See bottom 2 links.


http://www.asx.com.au/asxpdf/20070323/pdf/311m591jqzjyr4.pdf

http://www.asx.com.au/asxpdf/20070323/pdf/311m5bfzxws0nw.pdf


When I say it's not going to happen, I mean just after the settlement of the US sale. But give it a few years and who knows how high we'll be flying :-)

Cheers