RCY has had a good run this past week.... personally think it just coming back to where it should be. Comparable type of stock is ConnectEast CEU, but CEU has more debt, is a ring road rather than thru city centre. RCY will be the only way to avoid the central Brisbane bottle-necks.....
RCY...
It's the new year. Having lost my shirt :eek:in the last couple of years with this mob, I wonder what little they will do this year. In theory they should be able to flog a bit of South Amercan iron ore to the Chinese - so I'm interested in what stories we'll hear this year to justify...
Re: MSC - Minerals Corporation
Been in this stock for years - yep... another one that's seen it sink like a stone and lost my shirt.
Now the interesting thing is, they have somehow ( more likely by accident than good planning ) gotten themselves into a market that will benefit from carbon...
Re: RCYCA - RiverCity
Surely this is the pick of Brisbane tollway stocks. They have recently finished tunneling and ( I think ) all their bridges. The high risk financil stuff is covered. And they ahead of schedule. It's sitting around 16c at moment, with no return of capital ( a good idea -...
Thanks Oldskool, am also of the opinion it like a juicy apple waiting to be plucked by Transurban. I'm just hoping that price is higher that what it is now!! Maybe they will lets:iagree: others do the hard work of raising new equity to cover the current debt, and then pounce. Either way, I'm...
Re: MSC - Minerals Corporation
Hi, I note there's a little interest in MSC. Wonder whether others with a toe in the water with this mob are concerned about the formation of new company ACC being spun out of MSC. To my mind as these are china clay assets developed and marketed by MSC, then we...
Yep. Count me in as another mug who believed the demerger story and the potential of lithium. Have to say am very suspicious about new company emerging to buy the lithium assets at such a convenient time. And no, don't believe ADY shareholders will be given any preferred status at IPO - if you...
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