TIM 0.00% 4.4¢ timbercorp limited

Ann: Appointment of Voluntary Adminstrators , page-19

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  1. 534 Posts.
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    Yes that's what concerns me as a grower. Mine were going to be harvested next year, now who know.

    I notice that they have suspended all work on timber etc. However was sent an email stating they expect us to continue paying all fees etc. I'll be ringing them Monday and letting them know that's not going to happen. When they restart maintenance and have a plan as to what's happening with my trees then I'll pay. Why on earth do they think people will continue to pay when it could be dead money.

    I'm not sure if the money we pay is in arrears or for the coming period does anyone know?
 
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