Yes, if the NSW Government rips up their contracts, TCL will fall even further and may breach bank covenants, would a capital raising then be taken up?
Who would underwrite such a CR?
They may not raise much capital and would have horrendous problems.
NSW will own all its roads again.
NSW state govt toll review, page-132
Add TCL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$13.90 |
Change
0.010(0.07%) |
Mkt cap ! $43.13B | |||
| Open | High | Low | Value | Volume |
| $13.88 | $13.92 | $13.82 | $34.98M | 2.521M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 310 | $13.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.91 | 19270 | 3 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| TCL (ASX) Chart |