someone accumulating aio, page-5

"Asset values have plunged"

What assets do AIO have. These are not properties like Centro. These are infrastructure assets which are monopolistic/duopolistic. An infrastructue company makes money throuth investment in infrastructure assets and these are valued based on the future cash flows. The cash flows are increasing and will steadily increase as business conditions improve and trade gats back to normal. Also, more long term contracts mean much higher revenue as fixed cost of running ports and the business will not increase with higher volumes. Fixed cost form approx 68% of costs. Therefore for every 100 million worth of annual contracts signed, AIO will make 68 million. The upside is huge.