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29.5¢ quintis ltd

The day of the name change is the day Glaucus issued their...

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jacinkoland

383 Posts.

90

01/02/18

21:23

Post #: 30752419
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Originally posted by Wobbellee ↑

pardon my ignorance, but something odd happened in the timeline of QIN. I've held this stock for over 3 years, originally as TFS. Dividends were being paid and TFS appeared to be well focussed on future business opportunities. I thought it was a decent long term investment (as far as that is possible for anything on the ASX) and so TFS was not a stock that I was constantly watching for sharp price movements, let alone worry about it going belly up. I may have been away and not following events closely, but the thing I recall is that it was about the time that TFS changed to QIN that things went pear shaped. A simple name change couldn't spark a panic and threaten its very survival, could it? I know its probably just a coincidence.

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The day of the name change is the day Glaucus issued their infamously scathing (and in hindsight spot on) report about the company. All hell broke loose and never recovered.

QIN Price at posting: 29.5¢ Sentiment: Sell Disclosure: Not Held
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