Australia's largest stock trading and investment forum Australia's #1 stock forum

QIN

Click for more information

0.00%

29.5¢ quintis ltd

Ann: More than $11 million secured in accelerated sales program, page-106

First 106 Last

Share
Profile

Follow
8horse

34,353 Posts.

9149

03/07/17

15:50

Post #: 25634505
Share

Originally posted by hottuna ↑

What was personal about asking you if you had read the announcement when you made a statement totally incompatible with it?

Why on earth would they make additional orders when they have 2.85t of inventory? Do you think they are suddenly going to sell all of that inventory in 6 months then wade in for more? If they'd been selling that level of product they'd have been buying more in the course of normal business, QIN have clearly had the inventory.

The only reason they might buy more is because QIN offered them a further discount on the rest of their off take contract to extinguish the liability - in either case, QIN are reducing their value by extinguishing their forward sales.

Expand

On what base is your claim of no further sales from any customers???

QIN Price at posting: 29.5¢ Sentiment: None Disclosure: Not Held
3 Upvote

0 Great analysis

Reply

Top Stories

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Making money: How many microcaps should be in an investor's portfolio?

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

There are more pages in this discussion • 44 more messages in this thread...

First 106 Last

Add QIN (ASX) to my watchlist