QIN 0.00% 29.5¢ quintis ltd

Receivers and managers appointments, page-6

  1. 1,460 Posts.
    Well yes the traditional outcome of VA is dissolution and unsecured creditors receiving little or nothing. However IMO this is more like a Chapter 11 Situation and potentially like Atlas Iron there will be a long period bumping along near the bottom but also like Atlas Iron life has begun to reappear.

    The key thing to remember here is that the stock on hand grows over rime and its value increases over time whilst competitors have a long time period to wait to catch up.

    So IMO there is life possible after the Iron Lung is applied for sufficient time. Bottom drawer stuff for me.

    All DYOR and IMO of course
 
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