TIM 0.00% 4.4¢ timbercorp limited

Spoke to the receiver..Apparently growers compromise has been...

  1. 1,611 Posts.
    lightbulb Created with Sketch. 1
    Spoke to the receiver..

    Apparently growers compromise has been reached which is due to decided by the court this month with returns due early Feb.


    Expecting something like $23M available for distribution to TODHA debenture holders.

    And with 567,000 TODHA bonds on file, this equates to about $40 per bond.

    Took best part of 5 years but looking good... finally!
 
watchlist Created with Sketch. Add TIM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.