TIM 0.00% 4.4¢ timbercorp limited

market has worked out timpb now

  1. 2,123 Posts.
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    NeillN and zwu; volume and price action yesterday suggests people have now woken up to the yield and convergence play. These notes are worth $2.05 in Sep09 with around 9% fully franked dividend along the way (based on $1.52 entry); This should converge to $2 by Sep09. All other notes bid up too (see AAZPB, TPAPA, IANG, BNBG, MXUPA, BEPPA);
 
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Currently unlisted public company.

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