Financials wise, TIM's tangible assets can fall ~37.5% before it starts hitting the hybrid holders. That's just a back of envelope calculation, actual cushion is likely to be less because now TIM incurs all sorts of additional costs.
Market wise, TIMPB was being priced as having no intrisnc value. If the market assesement is correct, you will get nothing or very little back.
Financials wise, TIM's tangible assets can fall ~37.5% before it...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)