CEU 0.00% 54.5¢ connecteast group

What a joke, can't even pay the interest on their debt with...

  1. 2,499 Posts.
    What a joke, can't even pay the interest on their debt with current traffic figures. Looks like we'll see a 300m raising soon enough. My guess is the raising will be at 25c or 20c a share.

    That 170k odd break even traffic figure seems a bit of a stretch, looking back through Transurbans announcements even Citylink only managed something like 5% growth a year.

    Why buy now when you can probably pick up the shares cheaper in a capital raising.
 
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Currently unlisted public company.

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