QIN
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0.00% 29.5¢ quintis ltd

Ann: Update of put option, page-12

  1. lordolean
    2,937 Posts.
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    27/07/17
    11:58
    Post #: 26112420
    apparently the secured debt is trading around $80 and this is where the major bondholder expects the recap to take place...i.e 20% haircut for senior debt holders.

    Hence this will mean zero for equity holders.......sorry guys but all hope is lost...
    QIN Price at posting: 29.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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