Timbercorp (TIM): Loser

Submitted by Marco on 10 February, 2007 - 08:46

Timbercorp TIM Stock Chart

Timbercorp (TIM) is the loser of the week (the worst performing company on the Australian sharemarket ASX200 index) for week 6 of 2007. Timbercorp, a finance and investment company, closed the week at $2.03, losing 8 cents or 28.3 percent. The All Ordinaries index closed the week at 5899.3, up 2 percent from 5814.4 last week, while the ASX200 index closed at higher at 5927.2 from last week's close of 5831.5.

Timbercorp Limited is listed on the Australian Stock Exchange (ASX) under stock code TIM. TIM was listed on the ASX on 30 May, 1996. Robert Hance is the CEO of Timbercorp and Kevin Hayes the Chairman. The company is involved in investment and financial services and is an agribusiness investment manager. The company sources, funds, and manages high quality large scale agribusiness projects for investors looking for attractive tax advantaged returns. You can view their investor website here. A previous Timbercorp valuation. Browse for Australian stockbroker recommendations. Check your charts and good luck with your share trading!