TIM
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0.00% 4.4¢ timbercorp limited

what the hell is wrong with this stock, page-6

  1. watford
    2,123 Posts.
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    05/12/08
    08:20
    Post #: 4575047
    Does anybody have a view on whether the interest on TIMPB and TIMG will be paid?

    The CEO announced it is the current intention to pay interest on the notes but clearly that is still subject to Board declaring dividends.

    Interesting parallel might be BNB where they paid interest on the last due date for BNBG their sub debt hybrids.

    TIMPB trading at 33 cents suggests to me a fully franked dividend of 13.5 cents is not necessarily on the cards. Views?
    TIM Price at posting: 10.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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