Rent was meant to be paid on 31st of March which accounts for 3months in advance.. I am awaiting a reponse from OMIL..
Current info...
- What proportion of replanting is complete?
A: Refer December half-year accounts – 527 acres has been replanted representing 52% of the plantable area
Could the trust deal with the growers direct without timbercorp as the managing entity?
A:If Timbercorp Securities Limited is replaced by another Responsible Entity (as is likely) then the Trust will be dealing with the Growers via that Responsible Entity.
TIM Price at posting:
4.4¢ Sentiment: Hold Disclosure: Held