QIN 0.00% 29.5¢ quintis ltd

there are many asx companies trading as we speak who have got...

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    there are many asx companies trading as we speak who have got into trouble with non disclosures and are still trading . Some takea long time to rebuild. Sure solid changes are made internally to processes and or personnel but a non disclosure is not in itself a death sentence. If fraud was involved then that is more serious than negligent conduct.

    The shorters with their distort and report tactic followed by articles in the press of the sensational stuff ( that did not discuss errors in the Glaucos report) did damage fullstop. The MIS element is small that never gets bought up. The horrors of past MIS schemes easily conjures up threats and doom. While the dissemination of shorter information in an open slather way is a free for all the company needs to be cautious due to legal repercussions with communications, as it positions itself from the shock. Add non disclosures and a cut becomes a hemorrhage . Without big investors seeing through this and seeing opportunity the share market open is in trouble. This is what QIN is managing in its response. I wish them the best.

    The analysts that make recommendations year after year after year, consultants and companies need to get their information and duty to disclose right. They should have been in a position to refute claims themselves. That silence was deafening. If we could be more certain of them meeting their obligations to not mislead and practice due diligence, the shorters would not have so much ambush power. This arrangement was singular from those past with the quality of its big investors. They would have had extensive due diligence. Or did they? How hard was it for analysts providing views on this company to be impartial and properly investigative ? Lots of questions.

    There are lots of small caps that have a large lead up to a profit. Many bed down capital needs and infrastructure and have higher debts then they would like in this period. Mining is one sector , agriculture, major new software providers, Biotechs etc This is the sector this shorter has stated it will go after. Sadly this is the sector where there just is not the room for that kind of major market shock which becomes a self fulfilling spiral down. This could stifle growth/opportunity/ endeavor, in many areas if not managed. Scary stuff. No more small caps for me.
 
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