Call this immature, but I will vote no for any TO offer. I'd rather see this go to zero, then let management get away with taking this away on the cheap. I hope they have a plan to re-adjust their equity/debt split given the scrutiny they are facing, and keep this going at lower risk. I don't plan to sell to 2025 - I hope everyone else is in the same boat.
Can someone explain to me what happens if say there is a bid that gets a 51% yes vote? Do I have to give up my shares in that case?
QIN Price at posting:
29.5¢ Sentiment: Buy Disclosure: Held