QIN 0.00% 29.5¢ quintis ltd

New Day (Just around the corner), page-32

  1. 13,333 Posts.
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    3 Options :

    1# Mostly recap is done and payment is made by yesterday/today. Getting recap and noteholders payment announcement together.

    or

    2#Trying to seek another extension from Noteholders which is yet to be approved.
    Recap is still in progress or getting tough to negotiate. Most likely another extension...

    3# As some expect going into VA, Which is highly unlikely as per the wish of shorters (controls 5-10% of registry). Big funds and sharks are in this one with Millions invested (not $1000-$10K like shorters) and they will ensure that QIN keep floating. However, they might take larger chunk out of QIN if participated in Recap.

    Fingers crossed.....

    cheers
    J
 
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