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Another scenario. Quintis proposes settlement of x amount to DK...

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ASXcowboy

6,247 Posts.

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20/01/18

21:20

Post #: 30441214
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Originally posted by PaleoBro ↑

Ironically the put holder may have got something back if they pulled the trigger and sent them into VA mid last year when they had the chance. Now they've got themselves even further down the list after QIN accrued debt interest and took on a superior loan.

Why didn't the put holder delay the trigger until at least the consortium's proposal was at least known? To see a dollar out of this, their interests are aligned to the success of QIN

It'll all accelerate quickly now. If there's a TO bid in the background, now would be the time to come in.

I can't see the bond holders supporting QIN with $37 million to pay off DK. This is the long shot scenario.

Bring on Monday.

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Another scenario. Quintis proposes settlement of x amount to DK or VA.

QIN Price at posting: 29.5¢ Sentiment: Hold Disclosure: Held
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