well i tell you this, if Leightons do a deal with CEU for the...

well i tell you this, if Leightons do a deal with CEU for the current litigation about the traffic forecasts i will be on the phone with Slater and Gordon about a class action for shareholders that lost money as well. its a disgrace that the public get sucked into these pie in the sky traffic numbers and companies like Macquarie walk about with all the cream and us capital providers get shafted.

i feel for the investors in Brisconnect as well because when that road opens you can bet the traffic forecasts will be crapola as well.

i will never invest into a start up company based on forecasts ever again.

the thing that upsets me the most about CEU is that they had plenty of chances to de-risk the capital structure when the price was $1.70 plus but they did nothing except payout big cash bonues to the idiot people running the show.

the major problem is that because there are so many shares on issue now it will never see $1+ ever again, thats the sad thing. CP2 are laughing because the gearing is less than 50% of equity value now and as the traffic improves so will profitability and cash flow.