RCY 0.00% 0.7¢ rivercity motorway group

Hello, I've been burnt (3rd degree burns!) by this too as no...

  1. 36 Posts.
    Hello, I've been burnt (3rd degree burns!) by this too as no doubt have many.
    However I'm still holding for the longer term in the hope that if it does go broke and is sold, the return to equity holders on any infrastructure sale pricing in the 45 year concession duration to operate it looking at the longer time horizon should outweigh the low sp. I have wondered whether this has been behind the stronger buying pressure vs. selling depth at times, although in the past few days admittedly sellers have outweighed buyers but I don't know whether that's to get out of the stock or just out of the market.
    Anyway, just my thoughts. Am I missing something really obvious with this?



 
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