timpb conversion

  1. 1,116 Posts.
    lightbulb Created with Sketch. 1
    There is an interesting little clause in the PDS, namely;

    Conversion may be effected

    "at any Quarter End (and receive only the Minimum Conversion Number of
    Ordinary Shares per Timbercorp RPS)"

    Presuming end of next quarter is 31-12, with TIMPB around 70c and TIM around 34c conversion at 4 times is profitable.

    Thinking of doing so but what is proceedure to request conversion?

    Neil
    Hold TIMPB
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.