Well, if they kept on doing what they were doing, they would have gone bust for sure.
At least they are trying to 'hook' more motorists with cheap $2 toll, before hitting them with a rise, probably later this year. No harm in trying a new tactic, but probably doomed to fail.
Flawed projections sealed RCYs fate before the first shovel went into the ground IMHO.
PS. Second story on tonight's news was about large increases in Brisbane rates, water rates and electricity bills for the new financial year. Not a good background in which to try and extract money from motorists pockets.
RCY Price at posting:
3.5¢ Sentiment: Sell Disclosure: Not Held
