CIY city pacific limited

Looks like CEC will be able to afford the Townsville terminal...

  1. 1,895 Posts.
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    Looks like CEC will be able to afford the Townsville terminal after all. They've sold off a large land bank to reduce debt and fund future acquisitions. Due diligence is still the main hurdle though and CIY won't see the cash until June. No wonder they're drip feeding the divi?
 
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Currently unlisted public company.

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