Correct miningnut, it is a matter of understanding the figures and no offence but you appear to be miscalculating as you have factored in revenue for M7 and M5 which is actually not revenue to Transurban unless they make a profit (which they both never have).
Banks will be relatively comfortable with their debt positions as asset values cover debt but very little value left over for equity holders in my opinion unless revenue can grow significantly. From my observations these roads are already very full and prices high, therefore little scope for growth.
Dividend is not sustainable and is never fully paid in cash.
Correct miningnut, it is a matter of understanding the figures...
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Last
$13.30 |
Change
-0.090(0.67%) |
Mkt cap ! $41.34B | |||
| Open | High | Low | Value | Volume |
| $13.25 | $13.34 | $13.21 | $77.44M | 5.827M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $13.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.32 | 1715 | 2 |
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| Last trade - 16.10pm 16/07/2025 (20 minute delay) ? |
| TCL (ASX) Chart |