I sense frustration at the still-falling share price...
I don't think anyone doubts it's a lovely tunnel. But how exactly do you propose increasing traffic in it? Everyone knows the tunnel is there. Everyone who thinks it's worth using is using it. The problem is- that is nowhere near enough people to keep it running with its debt load. Which means receivership or administration will come soon, followed by a sale of the tunnel to someone for...I'm gonna say $300m. The lenders lose 80%, the shareholders get bupkis, and the tunnel keeps doing what it's doing.
RCY Price at posting:
1.1¢ Sentiment: Sell Disclosure: Not Held