Yes, there will be 2 to 3 rail assets on
These are, as you know, feeder lines to the ports
Toll Holdings is about the largest road
operator there. Although they have spent up large in take-overs," Finemore
" is one, they could still be in the bidding for Rail
There is also a foreign contender, it could be in a
joint venture with a local one.
The trend today is to lock in assets as quickly as
possible and raise the required cash within 24 hours - after acceptance by the
main Broker - by placement of shares at good prices!
Once the share price is over a certain amount, the
company can just about raise any amount of cash!
Once LAC obtains some of these
railway assets then the publicity could drive the share price
forward, with a resulting rise in price of LACO
Thanks again for your comments,