i picked up some more today at 51c. They will pay another 2 dividends totalling 13.5c and then 4 shares upon conversion which on todays value puts them at $1.10 plus $.135 for the divs.
Will TIM survive..That is the key risk..Only $40m in cash and $850 in debt and cash flow comes from investors paying their debts...I have faith, but it is BLIND!
