Several trades TIMPB gone through; maybe funds buying?
Having done some calculations, this hybrid strategy also applies to: GNSPA 66% per annum to Oct08 IANG 24% per annum to Mar10 BNBG 41% per annum to Nov10 AAZPB 70% per annum to Sep08 (affected by GPT sentiment) MXUPA 40% per annum to Apr10 BEPPA 30% per annum to Jul12 TPAPA 23% per annum to Oct11
They all represent tremendous value but the stand out buys in my opinion are:
MXUPA (strong parent company now and cash payout expected at Step Up date) AAZPB, GNSPA (great return for two and half month hold)
Others with yields in excess of 50% per annum are GTPGA, GTPGB, AFGHA and AHUG but these are too high risk for me!
TIM Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held