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Re: National Rail Corp



Hi Grahame,

Grahame Ferguson wrote:
>>If Rail Freight is to survive it must be run by one or two major players. If Queensland Railways bought the NRC, well at last they will be backed by pro-railway management who run an integrated railway. If FreightCorp bought it, then it would have a railway with assets and experience, and then it would have reduced competition by buying it , not by eliminating each other through bunkruptcy.<<

Do you think NRC would be a profitable aquisition for Toll
Holdings (TOL)? How likely is that anyway ?

Regards

Greg Triplett