AIO needs to do the right thing by there shareholders - or at least put in motion plans to do the right thing. That is close non-performing businesses.
However, like the article infers it would be very very difficult for the state governments to allow the stoppage of these rail services. Not that they can force AIO to continue, however they could potentially guarantee a minimum income level.
Either outcome (closure or continue with gov guarantee) would be a win for shareholders.
MJS
AIO Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Not Held
