QIN 0.00% 29.5¢ quintis ltd

Fact : QIN owes USD 250 million to bond holders - due and...

  1. 1,460 Posts.
    Fact : QIN owes USD 250 million to bond holders - due and payable in 2023?

    Fact : QIN failed to make biannual coupon recently - with acceptance by bondholders

    Fact : QIN failed to lodge quarterly reports to Bond holders - with acceptance by bondholders

    Fact : QIN has until 31 August 2017 to remedy - unless bondholders waive or reset or some other agreement

    Fact : The growers understand that their plantation investments are in peril - have formed a group to defend their position

    Fact : Shareholders' equity is worthless - according to Gluacus - other shareholders and annual reports show a different picture

    Fact : CJS is in denial - CJS is prepared to wait for the Coy and its various interested parties to develop a workable basis for future operations which may involve a number of options

    Game, set and match to Glaucus - I beg to differ and so do many others with much greater expertise then I.

    Fact SDE is a shorter who will benefit from Coy being forced into VA.

    All IMO and DYOR of course
 
watchlist Created with Sketch. Add QIN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.