TIM 0.00% 4.4¢ timbercorp limited

what the hell is wrong with this stock, page-26

  1. zwu
    2,452 Posts.
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    Mikes100 wrote,

    "i believe it has been publically announced to the asx of 'intention to pay' timg convertible note holders ... in june 2009 & ... in dec 2009".

    I reckon "intention to pay" means a sort of "trying to pay". It implies a possibility of default on payments.

    ... So ... be careful!
 
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