QFE quickfee limited
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The announcement said as follows, to me this looks confusing....

  1. skinsy11
    2,898 Posts.
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    29/04/25
    14:01
    Post #: 78841588

    The announcement said as follows, to me this looks confusing. What is the exposure USD 450k or USD 2.2m?

    "QuickFee has been unsuccessful in collecting an amount of approximately US$ 450,000

    from one US firm under the guarantee it provided under the terms of the Finance product

    and a provision has been made for a potential credit impairment of the maximum

    exposure of US$ 2.2 million (A$ 3.3 million)

    QFE Price at posting: 6.1¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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