Watford - thank you very much for your views on the meeting.
From what I can gather it seems like they have a plan to bunker down and ride out the tough next year. As long as they are successful and pay the dividend on TIMPB, I still see this a good deal. The total dividend payable on TIMB until sept09 is less than $5m, so it seems well within their reach.
I am curious as to how they intend to move more to a 'more fully integrated agribusiness company' and what that might end up looking like. I'll have to do some more research in theis area, but in the meantime, Did Sol elaborate any further at the results presentation?
TIM Price at posting:
22.0¢ Sentiment: Hold Disclosure: Held
