QIN 0.00% 29.5¢ quintis ltd

it is absolutely nothing like a Chapter 11. As a shareholder,...

  1. 3,053 Posts.
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    it is absolutely nothing like a Chapter 11. As a shareholder, you own part of the corporate entity. The receivers will remove ALL of the assets from the corporate entity and deliver them to the bondholders.

    Hopefully the receivers and administrators will be absolutely clear with their communications to put this wishful thinking to bed once and for all.
 
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