TIM 0.00% 4.4¢ timbercorp limited

I am in TIMHB / TODHA. As a holder of these bonds, I am...

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  1. 1,611 Posts.
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    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)...
 
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Currently unlisted public company.

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