We Shareholders own the 'listed entity QIN' (I am guessing). As I previously posted there is a cost to maintaining an ASX listing - even in suspension. I am wondering why bother keeping the 'listed entity'? Maybe we will get 2 fifths of next to nothing, but I suspect there is a plan to get the re-configured Quintis (separate vehicle mentioned above) and push it back into the listed QIN and trade on ASX in the future? There can really be no other purpose of hanging on to the 'listed entity QIN'.
QIN Price at posting:
29.5¢ Sentiment: None Disclosure: Held