Hi,
There are other opportunities for timber management companies in this situation that may not require too much capital.
The banks may find that keeping TIM going, but subcontracting out the day to day forestry to firms like FCL[who have the man power and expertise], gives them more time to sort out what they can get out of TIM.
For instance, it is possible that there may be more value to them in managing the timber lots until some of the leases run out, or can be restructured.
Leaving them with unencumbered land to sell.
If FCL was able to take on that role, also enables them to sell a few more drums of roundup etc.
cheers
Hold fclpa
Hi,There are other opportunities for timber management companies...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$2.30 |
Change
0.060(2.68%) |
Mkt cap ! $778.5M | |||
| Open | High | Low | Value | Volume |
| $2.25 | $2.30 | $2.21 | $140.9K | 61.74K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8000 | $2.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.30 | 20642 | 1 |
View Market Depth
| Last trade - 16.10pm 25/06/2025 (20 minute delay) ? |
| FCL (ASX) Chart |