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0.00% 4.4¢ timbercorp limited

timhb / todha, page-21

  1. primaus72
    1,611 Posts.
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    31/05/09
    18:29
    Post #: 5224865
    To claify: The trees are owned by the trust (TODHA etc), only the crops are owned by the investors in this case.

    On other news, TODHA has announced that they will look into relisting the bonds towards the end of June.

    Reading between the lines, it seems to indicate that the growers will keep paying rent or another RE has been put in place to replace timbercorp

    TIM Price at posting: 4.4¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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