As TIM is not in administration, there is no reason to wipe out the company. TIM is in the re-financing negotiation and there is a great possibility it will survive (to many trusts and farmers would be hurt and TIM might generate a higher profit in 2010)
Your advice is questionable (77c? - are you an insider?). Each of us shareholders has done a research and win/risk ratio analysis before investing. Today was options expiry day and price went down. But hey - for each seller there was a buyer. Let's see how tomorrow pans out
NJ
TIM Price at posting:
8.0¢ Sentiment: Buy Disclosure: Held
