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Re: [sharechat] Fw: Submarines Australasia - New Share Issue - Update

From:	Nigel McCarter <n.mccarter@clear.net.nz>
Date:	Wed, 25 Oct 2000 17:24:24 +1300



Anyone who is keen on sinking investments might care to do a few sums on 
how many passengers one has to carry at $395 per pop in order to recover $3 
million.  At an IRR or say 7% plus running costs of say 10% it is rather a lot.
Nigel


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References

[sharechat] Fw: Submarines Australasia - New Share Issue - Update Philip Robinson

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