TIM 0.00% 4.4¢ timbercorp limited

pp and 2icso in summary, if we assume TIMPB will exchange for...

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    pp and 2ic
    so in summary, if we assume TIMPB will exchange for equity in Sep09, buying TIMPB and selling short TIM at around 68% hedge ratio is a positive trade provided TIM>approx 16 cents in Sep09;

 
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Currently unlisted public company.

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