QIN 0.00% 29.5¢ quintis ltd

Ann: Extension of time to hold Annual General Meeting, page-26

  1. 2,683 Posts.
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    I don't like being lied too,Taking on debt clearly shows these guys are over thier heads and clearly are not even close to negotiating a recapitalisation deal.

    I have been around long enough and seen this kind of situation play out many times 5 months that's acceptable in terms of a recapitalisation but dragging it out to 9 months and most likely will extend again it's gone past the point of no return the only people who will have any equity in the new quintis if it survives are the noteholders.

    And yes I do own shares $20,000 worth I brought 30 minutes before it stopped trading on the Friday.
    Last edited by trav2012: 30/11/17
 
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