In continuing coverage of CEU, AFR cites the latest traffic figures from June of 155,499 and makes a comparison to the company's 2007 prospectus forecast of 258,000.
How could management have been so far off the mark in their estimated traffic volumes? Even taking into consideration the GFC, a discrepancy of 102,501 ADT (average daily trips) seems mindboggling.
How likely do you think the original target will be met in the future?
For those who think it'll never happen, what do you think is a more realistic target to aim for?
how realistic was the prospectus forecast?
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