TIM 0.00% 4.4¢ timbercorp limited

re: + sites, shares including conv. pref shares +...

  1. 22,691 Posts.
    re: + sites, shares including conv. pref shares + TIM--TIMBERCORP LTD:
    http://www.timbercorp.com.au/

    BigChart: http://bigcharts.marketwatch.com/javachart/javachart.asp?symb=AU%3ATIM&time=&freq=

    Shares: 218.8 mill. Manag. Options: 5.6 mill. Also: 45 mill. Conv. Pref. shares @ $1 each:

    Nov.13, 2001:
    Prospectus re Conv pref shares:

    http://stocknessmonster.com/news-item?S=TIM&E=ASX&N=183698&P=A

    (A total of 45 mill Conv Pref Shares were sold to Inst. and shareholders).

    Dates for conversion 01/12/2004, 01/12/2005, and 01/12/2006.

    Interest: 9 cents, payable half yearly (June 1 and Dec. 1).

    At the moment, on conversion, one is entitled to 4/3 share.

    Current price, share (TIM): $1.58. Price, Con Pref Share (TIMPA: $1.98).

    Gerry
    Holds TIMPA
    Readers, please do your own research and you decide if and when to buy, hold or sell any stocks.

 
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