RCY 0.00% 0.7¢ rivercity motorway group

gearing?, page-16

  1. 11,072 Posts.
    lightbulb Created with Sketch. 55
    Not long to go now....

    As posted some time ago, I'm also a Brissy boy. I think if the Clem 7 has an achiles heel, it's the fact that it's a fairly short road, almost perfectly duplicating the existing road network, sans the traffic lights. Clem 7 should do a good trade during peak times, but, at $4.80 a trip, could be rather quiet when the above ground network is flowing fairly freely during non-peak times.

    My analogy is that the Story Bridge could be looked at as a big ol' coal fired base load power station, and the Clem 7 the neat little gas fired peak load plant that gets turned on and turned off quickly when the load spikes.

    Lets see what happens.

 
watchlist Created with Sketch. Add RCY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.