TI1 0.00% 1.4¢ tombador iron limited

Ann: Reinstatement to Official Quotation, page-10

  1. 6,683 Posts.
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    http://www.smh.com.au/business/property/asx-issues-please-explain-to-50-chinese-companies-in-capital-flows-20170905-gybhob.html

    Management have already detailed the effect of the new Chinese guidelines to our business.
    The concerns were a large reason why IBN's SP had dropped so low.

    Singapore has stepped up to the plate, and the Chinese effect has probably flat lined by now.

    http://www.smh.com.au/business/prop...se-investment-drops-69pc-20170825-gy4fqj.html

    The big picture is that Australia's forecast population growth means that a lot more properties will have to be built, and a lot of those are going to be apartments.

    http://www.aph.gov.au/About_Parliam...Library/pubs/BriefingBook43p/futurepopulation

    Management have taken proactive steps to diversify our income streams so that our business is far more stable.

    I expect we will receive a letter from the ASX, but I don't expect anything out of the ordinary in our response.
 
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