If a takeover offer came, and providing they actually can prove that they can sell their product.. I would expect an offer in the immediate future to be in the region of 70-90 cents. No factual basis for saying that, just a gut feel (taking into account recent vwap and the fact that this years plantation sales will be way off original expectations - as I mentioned the other day they have already withdrawn their retail offering for 2017). That sort of price would be a blow for long term holders, but still as Celeste says, better than zero!
QIN Price at posting:
29.5¢ Sentiment: Hold Disclosure: Held
