Ann: Appointment of Voluntary Adminstrators , page-3

I am in TIMHB / TODHA. As a holder of these bonds, I am resonably confident that firesale price will be higher than my entry price $30-35 on supposed asset backing of $150-160

I entered into my position assuming administration so I am not too concerned at this stage. I will wait and see what happens.

TIM had a debt problem not a cashflow problem. Big difference.

Products which TIM produces (fruits / vegetables / trees) are profitable (with possibly the exception of the latter)...