the same old story, page-18

hugely overpriced...as for missing the sub 70c you must be one of the newbs on AIO as i called it 75c at $1.30 then sub 50c at 75c...could have bought at 40c when it was oversold.

simple...too much debt.$5.8b(little originally said it would be $4.3b)for assets not worth even the first bid at $4.6b

gareth.littles value was..

revenue...$2.8b
ebitda...$650m
ASSETS...$8b

toll
revenue...$7b
ebitda...$850m
assets...$5.5b

AIO had a mc of over $7b on the spin off because it had been pumped so much.

go check out all the pac nats figures & show me how the entire pac nat & ports was worth $5.8b

pac nat was woth $1.2b & the ports the same,so the company wasnt even worth $3b.

listed at $10.37 with about 650m shares.

fundementally the company can make money but not with the debt & management it has now.

i work in the transport industry thats why i follow AIO closely plus toll,ksc,qantas(another which cant make money,of its $309 npat $270m was the frequent flyer business,& on earnings of $14b go figure!too much fat at the top like AIO)virgin,lau,scc

& ILUVYOUSALL:)