Blackrock holds 60% of the debt and were buying at 70c after the bad news it's clear that they want a bigger piece of the quintis pie.
If you got in at the lows could be a nice return.
Also FW holds a major stake he's not going to let he's holding get slaughtered by dilution I reackon there will end up being a T/O offer of around 78c tbh.
It is quite amazing how it was sitting over $1 for a long time trading nicely and all it took was 3 days to go pear shape.
QIN Price at posting:
29.5¢ Sentiment: Hold Disclosure: Not Held