QIN 0.00% 29.5¢ quintis ltd

Ann: Suspension from Official Quotation, page-151

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 4,766 Posts.
    lightbulb Created with Sketch. 333
    That's a fair call regarding the number of shorts and a solvency issue Celeste.

    Many companies have high levels of shorts over a long period of time and just go through the normal market cycles, with shorts covering and re-shorting just as longs buy, sell and re-buy.

    Cyclicals such as retailers (MYR) and miners (WSA, IGO) are good examples.

    We all like to think the playing field is even out there and that we are being kept as fully informed as possible, but little if anything in QIN's financials or commentaries would have indicated that a sudden possible insolvency issue would occur.

    And who knows, this may still be the case?

    I'd love to be a fly on the wall in the meetings currently occurring over the issues that need addressing.

    Milesy
    Last edited by milesy: 19/05/17
 
watchlist Created with Sketch. Add QIN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.