There is an interesting little clause in the PDS, namely;
Conversion may be effected
"at any Quarter End (and receive only the Minimum Conversion Number of
Ordinary Shares per Timbercorp RPS)"
Presuming end of next quarter is 31-12, with TIMPB around 70c and TIM around 34c conversion at 4 times is profitable.
Thinking of doing so but what is proceedure to request conversion?
Neil
Hold TIMPB
There is an interesting little clause in the PDS,...
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