nfi ay?have a look at the REAL figures mr nfi.
heres a company ONLY EVER worth $2b that was bought for $6.3b,the shares on issue go from 700m to over 3b to pay off less than half its debt.
thats dilution of 300% plus or as i said selling your company 3 times over to suckers.someone please show me the last company to issue 3 times more shares to investors...RIO maybe with its multi bil RENOUNCABLE rights? not to mention the MR rort to hang onto 10.92% control.
AIO still owes $3b & has NEVER made a profit despite huge earnings,which shows you that railways have always been too inefficent & swallow up lots of money in operating costs.
The ports IF they were on their own are a good business,so maybe later on AIO may spin them off.
but from a business point of view AIO is very poor.(LAUGHING STOCK OF THE TRANSPORT INDUSTRY)
UBS bought out scotts refigerated & mccolls transport & ran them into the ground,stripped out all the scotts assets,spent no money & then screamed blue murder they were losing money.bankers trying to take over the transport game a la the same at AIO, they should stick to banking.
no profanities
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