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| [ Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: [1], 2, 3, 4, 5, 6, 7, 8 ] |
| Subject: Over the life of the Sydney contract--estimated (Melbourne is 500 600 mill) | |
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Author: I'd say Sydney is worth around 700 million---Steve |
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Date Posted: 05:31:51 02/09/03 Sun Name: Sabretoothed Location: Melbourne, Vic Australia Date: Sunday, February 9, 2003 at 9:49:00 AM Subject: Re WW ERG might still sink in the Sydney stream Comments: The Sydney contract is still not signed though. ERG was preferred tenderer by NSW Government in 1999 and still the contract is not signed. Even if it is, how much will ERG make from the contract? Thus, there is a double uncertainty here. Firstly, does ERG get the contract. And secondly, how much must ERG "give away" to get the contract - in other words, will the contract be worthwhile for ERG's shareholders? Will ERG's shareholders see a return from the contract? Furthermore, is ERG's future pinned on the NSW contract? Hopefully not for its shareholders, but only time wil tell. I find it strange also that you are so happy about the massive dilution in shares that will occur shortly. I think that if all people believed in their directors as much as you do they would have as much money as Michael Jackson and live on ranches named Neverland....... I think ERG is going taking its shareholders on a joy ride, but its one of those rides that you feel sick at the end........ [ Next Thread | Previous Thread | Next Message | Previous Message ] |
| Subject | Author | Date |
| As Pessimists states everything has be divided by 3 now (NT) | but with restructure&debt free--few juicy contracts--lovely | 05:34:37 02/09/03 Sun |