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Less than 50% of the shares available are being sold - Therefore Fortress still is in control.
The issuance is matched by 60% in bonds; a lot of the income is going to pay interest on the bonds. RA is not a good investment when the revenue is still down, maybe next year when the railroads are more profitable. Rating :
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| Subject | Author | Rating | Time of Post (ET) | ||
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On Tuesday, 10/13 Railamerica will have an IPO, symbol ...
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unclelarry6...
Online Now
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Rate it | 12-Oct-09 11:08 am | ||
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Last year Railamerica's Central Oregon Pacific Rai...
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unclelarry6...
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Rate it | 12-Oct-09 11:45 am | ||
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I think RA pulls the rug out from under GWR. When ...
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nicholas_cy... | Rate it | 13-Oct-09 01:59 am | ||
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im no homer but....
and srry for the * its l...
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nicholas_cy... | Rate it | 13-Oct-09 02:05 am | ||
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Guess you never studied transportation econom...
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unclelarry6...
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Rate it | 13-Oct-09 12:04 pm | ||
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Re: Railamerica IPO
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ldbert1 | Not rated | 14-Oct-09 02:45 pm |
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