QIN are no longer in a position to play a long game.
They have missed their half annual coupon payment on a USD 250 million loan, the company is in default, and have another 26 days to make good. The company doesn't have "until November".
As a retailer, would you pay a supplier, who is on the brink of insolvency, cash up front for goods that take over a decade to deliver?
- Forums
- ASX - By Stock
- QIN
- So what happened to the Aug 4th put deadline?
So what happened to the Aug 4th put deadline?, page-6
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)