TCL 1.03% $12.81 transurban group

TCL Dealing with the Devil - Andrews, page-3

  1. 12,379 Posts.
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    I agree Victorians have been ripped off with this contract. It’s the TCL shareholders that should be worried. I reckon there is a very good chance this project will have cost overruns of at least $3 billion. That will destroy the business case as this is money up front and will ruin the Discounted Cashflow returns baked into the share price.
 
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