sucker punch by mig, page-3

Blame lies with MIG & its incompetent lawyers, Mallesons Jacques.

they were aware of the tax implications 3 mths ago. A trade sale to TCL may have been a better option.

If ATO does not provide a favourable tax ruling, it shows clearly that the complex structure of MIG is really difficult to understand.

saviour for MIG may be an announcement of the Capital review at end of july -don't know how this will create value.

Can't figure out why the market rates TCL more favourably whereas MIG has a better diversified portfolio of toll roads(H407 is world class). Pocanhontas in TCL portfolio is no better than ITR - no return for the first 10 yrs.