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Oil Price

Money in Transurban’s cashbox not enough to complete M2 widening

Transurban ended up with a cash balance of $370 million at end 2010. $ 275 m of that amount is money provided by banks end of last year as part of a new $ 740 m debt package which also included the roll-over of $ 465 maturing M2 debt. The December 2010 cash balance is [...]