TCQ trinity group
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recovery, page-8

  1. Inaflap
    1,030 Posts.
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    10/06/11
    10:27
    Post #: 8523906
    No wishful thinking on my part and not double counting !!

    It clearly states the 7.8c (Not 7.3c) is a non recourse loan over an Australian held asset (Nothing to do with the Japanese/O`Rorke settlement)

    "Trinity notes that an Australian property asset is financed by limited recourse debt"

    Want to try your sums again ?
    TCQ Price at posting: 20.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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