As advised on 7 August 2017, the put option could be exercised between 9 August 2017 and 11 August 2017. The option was not exercised.
As advised on 1 May 2017, Asia Pacific Investments DAC retains a further put option which may be exercised between 11 December 2017 and 15 December 2017. If the option is exercised, settlement would occur at the end of December 2017.
QIN is a very big step forward toward the Success of Recapitalisations....
majority notes holders wanna QIN survive..
Option holders wanna QIN survive..
thousands employees and growers and local governments wanna QIN survive...
Long suffering QIN holders wanna QIN Survive....
except a couple/several Aliens....
it is quite likely QIN won't need to extend the suspensions this time and QIN can trade again...
QIN Price at posting:
29.5¢ Sentiment: Hold Disclosure: Not Held