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.
TCL Price at posting:
$13.63 Sentiment: Sell Disclosure: Held
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