QIN 0.00% 29.5¢ quintis ltd

Ann: Quintis successful in grower sandalwood tender, page-7

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  1. 73 Posts.
    Who is going to invest as a grower, or even the company itself in it's self-owned plantations, for a 50% + loss on investment (based on their figures)..........there will need to be a radical drop in prices to attract future investment (can't see any future investment happening).....which by the way, has seen increased prices charged for woodlots in recent times. (These poor investors will not make any future profit)........so establishing a base price has only confirmed that the company is only worth 1/7th of the value it portrays, based on the TFS 2002 harvest result!
 
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