TIM timbercorp limited
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joneswThe TIMPB convert to 4 TIM in Sep09. For that reason...

  1. watford
    2,123 Posts.
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    04/03/09
    14:23
    Post #: 4864744
    jonesw
    The TIMPB convert to 4 TIM in Sep09. For that reason alone, TIMPB should be higher than it is. I guess the conversion has its exit risks as sellers try to offload TIM. So, without dividend, TIMPB is probably trading where it should be (i.e. slightly below 4 time price of TIM)








    TIM Price at posting: 11.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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