ivan like you I have little idea what is going on and have not been prepared to commit further funds to this investment until someone communicates with me in plain english.
Now I've received a letter from Timbercorp finance asking me to sign over all my returns to them. I have no idea what, if any, returns are due.
I feel like a carcass being picked over by vultures. The way grower investors have been treated is a disgrace. I would like to think the group to which you refer are working genuinely on behalf of growers - but their letter to me arrived with no context or real explanation.
I would appreciate opinions and information on the story for almond growers so far, as well as ivan's question.
Most of what I have received so far (and that is not much) reads like gobbledegook!!
TIM Price at posting:
4.4¢ Sentiment: None Disclosure: Held