I agree with bookend. KKR have much to gain from buying out QIN, with Frank Wilson on side. They will be seizing the opportunity presented by the Glaucus hatchet job. I see this playing out as a scary, but profitable ride for existing shareholders. Glaucus will almost certainly come out with another scare campaign, but this time there will be a serious buyer in the wings. There should be lots of ups and downs coming with a big reward for those prepared to wait.
QIN Price at posting:
$1.25 Sentiment: Buy Disclosure: Held