M ASIC requires a shareholder or group of shareholders to have 20% of the target co to start TO proceedings. , Mr FCW had about 10%. Hopefully other major SH would have told him to BO in any TO deal,
So what better way than add to your 10% and get to say 20% by engineering a major Short as we have had, and either you or your partners increasing their holdings at fire sale prices. IMO
QIN Price at posting:
29.5¢ Sentiment: Buy Disclosure: Held
