Reading between the lines on the TH Ann statement 1) is very concerning. Whatever the statement is my uptake is negative to SP i.e. downgrade of FY17 forecast in some format.
Should that occur and considering the lack of convidence in the board/governace the SP could drop significantly from 0.295 come 17th or sooner.
I cant still get my head around the fact that no action took place by the board at some point 12th May after getting the ASX ticket.
The wording of point 1 in the Trading Halt cannot under any circumstance equate to a posivtive IMHO.
I am a holder and a very worried one at this moment.
Miricles do happen, someone said. Not seen one personnally.
If it all goes tits up in a few days and if in a year or two from now I see the company flourish as a private entity, well I cant put in writing what I would like to do to some people if I meet them in the street.
UNBLIEVEABLE
IMO
QIN Price at posting:
29.5¢ Sentiment: Hold Disclosure: Held