They have the market for a small sale they were after something big given standards set. No company is going to sign a meaningful contract where price is based over a longer term with a coy that could be gone tomorrow. There were talks there was very good reason to see it go through then hell broke loose. The news that a coy has no cash is known in this industry. Its been getting headlines in China like here.
I recommend a hops heavy India Ale and staying as chilled as possible!
QIN Price at posting:
29.5¢ Sentiment: Hold Disclosure: Held