Let's be real here they won't be trading on the 21st of June that statement is just smoke and mirrors they are just buying time to scrape together a low ball takeover.
Will 17 million current cash balance they are basically trading insolvent ATM.
They have stated today if a transaction can't be formalised they will be insolvent and then FW will come along and pick up the company for 10c in the dollar the big end of town wins again.
FW probably couldn't care less about his holdings if it means he can get the whole company for a song and dance.
What a sneaky rat.
QIN Price at posting:
29.5¢ Sentiment: Hold Disclosure: Not Held