TIM 0.00% 4.4¢ timbercorp limited

todha returns due soon

  1. 3,200 Posts.
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    Spoke to the receiver..

    Apparently growers compromise has been reached which is due to decided by the court this month with returns due early Feb.


    Expecting something like $23M available for distribution to TODHA debenture holders.

    And with 567,000 TODHA bonds on file, this equates to about $40 per bond.

    Took best part of 5 years but looking good... finally!
 
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