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0.00% 29.5¢ quintis ltd

Ann: Extension of Voluntary Suspension, page-29

  1. hottuna
    3,053 Posts.
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    05/07/17
    15:18
    Post #: 25681953
    Wrong. The directors have a duty not to trade insolvent, ie once they can not meet liabilities as they fall due. As of 5 weeks ago they had $17m in the bank, they could meet their immediate liabilities. It in no way means the equity is worth anything.
    QIN Price at posting: 29.5¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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