TER 6.76% 19.8¢ terracom limited

Ann: Bondholders Support Confirmed, page-63

  1. 154 Posts.
    lightbulb Created with Sketch. 30
    nothing they are doing is giving me confidence to invest in them. The Covid excuses were pretty pathetic.

    I’ve gone all in WHC as I see coal companies making huge profits when the market looks shaky. Hence I’m keen on the coal play.

    coal isnt where I want my money long term. It’s a short term play for me. It was starting to look more attractive at the 15c level today that’s for sure.

    a lot of people will be wanting their money out after the last few weeks.

    without any cash to pay dividends for a few years, it’s not an ideal scenario.

    I think you’ll start seeing 15m-20m ebitda each month which should help the sp rise.

    i definitely wouldn’t be afraid to reinvest again now that solvency is assured.

    I still believe the whole MOU was a smoke screen to try to borrow more money due to the amount of debt they had.




 
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