Transurban Group (ASX:TCL)
Transurban Group (ASX:TCL) owns and operates 15 toll roads in Melbourne, Sydney, and the greater Washington area. Revenue growth is derived from traffic growth and their very own rivers of gold – inflation protected toll prices. CityLink in Melbourne is Transurban’s biggest asset, in 2018 this accounted for approximately 32% of their total toll revenue – working out to be about twice the size of the roads in Brisbane.
Transurban Group (ASX:TCL) share price
Transurban Group (ASX:TCL) share price news
March traffic update: Transurban (TCL) share price down
The Transurban (ASX:TCL) share price is down 4% in early trading after the toll road business announced its March 2020 traffic update.
14 ASX shares for a COVID-19 recovery
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The S&P/ASX 200 (ASX: XJO) finished the day trading at 7055.3, up 0.61%. Making ASX sharemarket news was Challenger Ltd (ASX:CGF), Transurban Group (ASX:TCL) and Northern Star Resources Ltd (ASX:NST).
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ALL ORDINARIES Index (XAO) Down, Orora (ASX:ORA) Share Price Jumps
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September 2019 Quarter – Is The Transurban (ASX:TCL) Share Price A Buy?
Is the Transurban Group (ASX:TCL) share price a buy after announcing its September 2019 quarter update.