Australia's largest stock trading and investment forum Australia's #1 stock forum

QIN

Click for more information

0.00%

29.5¢ quintis ltd

Ann: Creditors vote for Quintis recapitalisation proposal, page-19

First 19 Last

Share
Profile

Follow
sika

3,337 Posts.

243

19/06/18

11:49

Post #: 33793164
Share

Originally posted by SA1588 ↑

Thanks.

Initially I joined Gadens class action. I mistakenly thought all the class actions were challenging over the same defaults. Apparently, they are all different. However, they will all be seeking payouts from the same insurance policy.

The Piper Alderman action is suing the auditors as well as the directors. Their challenge is that the Board approved misleading financial statements (over valued plantations) and that the auditor failed in its duties. The fire sale conducted by the receivers demonstrates the plantations were over valued. So if Piper Alderman are successful, the payout will come from a far bigger pot of money - the auditors. So I joined this class action as well.

Expand

YES I signed up a while back with PIPER ALDERMAN spoke to Lachlan Lamont couple of weeks ago he went on to say pass a message to any shareholder not to hesitate to contact him with any issue 61732207710

QIN Price at posting: 29.5¢ Sentiment: Sell Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

MIN

Ellison slapped with $20M sanction from MinRes but will stay on as leader – for now

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

There are more pages in this discussion • 11 more messages in this thread...

First 19 Last

Add QIN (ASX) to my watchlist