Let's be honest here the company has been in a TH for 18 weeks YES 18 weeks if they were going to go into administration they would off by now.
Taking a haircut on my holdings apart of the recapitalisation process with a company that will have lower debt which the market will price accordingly anyhow with a more decisive and stable plan looking forward which will enable me to recover my funds within the next year.
Sounds good to me.
QIN Price at posting:
29.5¢ Sentiment: Hold Disclosure: Not Held