If you want to talk about Patrick Ports, that may be profitable. However, remember they paid a lot to get that profitable business of Corrigan. However, Pacific National is a different matter. As someone who works in the rail industry, I can assure you that they have the most disgruntled workforce around. Many train drivers are getting huge redundancy payouts as Pac Nat throw away business that they paid big bucks for a few years ago. Pac Nat have paid these drivers to sit around during the last four years of drought. Just as the drought is breaking, they declare that they don't want to cart grain any more! They are the laughing stock of the Victorian rail industry and are losing more than $1 million per month in this state.
AIO Price at posting:
0.0¢ Sentiment: Sell Disclosure: Not Held
