QIN 0.00% 29.5¢ quintis ltd

Ann: Senior Secured Notes Update, page-14

  1. 3,053 Posts.
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    You must be ecstatic with Frank Wilson who has defaulted on $11m of grower loans!

    Seeing as the loans have been sold to with full recourse, for each grower who defaults, QIN will have to pay the money back. But they got no cash!
 
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