QIN 0.00% 29.5¢ quintis ltd

KKR PREPARES BID, page-34

  1. 296 Posts.
    depends on how KKR value the company
    Qin owns 3500 hectares of trees
    the rest is owned by MIS and insto. they would need to be a whole other deal for ownership.
    KKR purchased the elders sandalwood of 1700 hectares for $70M. that's around $40k per hectare
    If they only see the value in the Qin owned timber at a similar price it would be $140M or 0.37c per share
 
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