These offers are just another attempt to make scared investors do the wrong thing. What does hack me off however was Align and all the promises made to sort this out and got a lot of votes to give a free period on rentals and not wind this up earlier. They used our resources as bondholders to pay themselves it seems. I really would love to know why people voted in favour of Aligns scheme - I didn't.
People seem to panic and say well that must be right. Now you get an offer with some article in the newspapers implying its got the approval of the administrators. What rubbish ASIC should be protecting the little guys but as usual they are nowhere to be seen. How they exist without someone sorting it out is unbelievable.
I will await the liquidation dividend.
Enough of this fleecing -it seems that every opportunist or read worse than that if you want is sniffing around TIM/GTP assets and playing off everyone's misery.
Holding and sentiment is TODHA - TIM is gone.
TIM Price at posting:
4.4¢ Sentiment: Hold Disclosure: Held