Hi MI have been looking at the traffic figures for CEU. Have you...

Hi M

I have been looking at the traffic figures for CEU. Have you any infor or by chance crunched some numbers on what the breakeven traffic volumes would need to be. As whilst traffic volumes growing steadily and reducing net cash outflow (after financing) I am wanting to better understand what roughly what the breakeven volumes are...

Their does not appear much opportunity to increase revenue by toll increases but on the flipside the low toll prices encourages more traffic to use tollway than avoid as has happened with higher priced sydney tollway debacles *(e.g. lane cove tunnel, cross city tunnel) etc.

Your input welcome as I have a more medium term interest in this stock beyond a quick trade (as expect more a slow creep up than a sudden surge outside of financial reporting).

Cheers

Londoner