RCY 0.00% 0.7¢ rivercity motorway group

there is charity and then there is stupidity

  1. 615 Posts.
    http://www.brisbanetimes.com.au/queensland/clem7-tunnel-to-be-renamed-20100707-zzi5.html

    If this article is true, it means that RCY will be donating all proceeds PLUS $1 for every car that goes through the tunnel on 23-July. To make matters worse, 23-Jul is a Friday, the busiest day of the tolling week. I think donating $1 per car is sufficient given RCY's current position. How does a company donate money that it doesn't have (considering how much debt they have)?

    Please somebody tell me there is some commercial logic to this.
 
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