A few years ago the state government said if they could flog off assets they would invest the money in some new major infrastructure projects-
So they flogged off the assets which saw power prices and port fees jump- then started a new major project with the cash but now sold off control to a private company already
Good for transurbam who will now continue to tax movement for 42 years—- taxpayer have minority’s interest
Good
Old
Government ——-
News: TCL Transurban buys 51 pct stake in Sydney toll road for $6.7 bln, page-2
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Last
$13.78 |
Change
-0.090(0.65%) |
Mkt cap ! $42.89B | |||
| Open | High | Low | Value | Volume |
| $13.88 | $13.88 | $13.75 | $72.29M | 5.246M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 2656 | $13.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.79 | 7269 | 14 |
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| Last trade - 11.26am 07/08/2025 (20 minute delay) ? |
| TCL (ASX) Chart |