Fair call, but the value of assets is balance sheet stuff, not profit & loss.....as long as the sales cover operating expenses (incl interest) then the coy survives.
If they can do a debt for equity swap then they can look to revalue the assets to a more conservative model. At that point it comes back to sales vs costs.
QIN Price at posting:
29.5¢ Sentiment: Hold Disclosure: Held
