Until this business actually exists as a terminal with normal CAPEX and not doing all this growth rubbish and the actual maintenance Capex can be seen and we know the costs of the old site (won't know this for a long time) so everything settles out and we can see steady state contractual earnings and normal expenses and we know then what the debt is and the cost of it etc etc we cannot price the equity.
Too many moving balls and we know how they always move - to the money incinerator.
Percy out of his mind buying the Wife shares of this dog.
Share price can do anything in the short term, for may years this traded at a premium while it lost money hidden by accounting practices that allowed a lot of things to be capitalised that were in fact losing money before they were even built, then boom all yer money is gone.
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Originally Posted by percy
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