RCY 0.00% 0.7¢ rivercity motorway group

re: Ann: CLEM7 Traffic Volumes - First Week T... Even if they...

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  1. 180 Posts.
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    re: Ann: CLEM7 Traffic Volumes - First Week T... Even if they get the traffic up to 35000 per day they would need to raise approx $700M so the traffic can pay off the debt. Given there are 950M shares issued that's a massive dilution if they can get it away. Looks to me like even the banks won't get their money back.

    Hope the figures look better after Easter.
 
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