re: has this been oversold? tim Don't take your eyes off...

re: has this been oversold? tim Don't take your eyes off Timbercorp TIM. This stock has been remarkably restrained in the face of the explosive action in its sectorial companions.

But TIM's partners in crime appear to have nearly got through the birthing pains of the compliance listing of Integrated Tree Cropping trading as ITF which was the fly in the ointment between the FCL inspired JV with APL that was to have flown from late last year and then supposedly fell apart early this year because of a valuation dispute with the minorities in ITF.

Word is that the JV never collapsed but couldn't be consumated until some 'issues' were sorted.

FCL has too much money on the table in ITC(ITF) / APL to allow this to just slide away.

I think the smart money is biding its time.