"Smart move by QIN, the market at the minute is trash so let them have plenty of time to get details sorted and open up up in better times."
@Oscar09,
It appears you haven't read today's assortment of updates.
Or if you have, then you haven't quite understood them.
Because no degree of "better times" - not even a red-hot roaring bull market - will be able to save the company.
The equity is worthless, I'm afraid.
If - in the next two weeks - QIN's creditors can't be convinced to accept equity in the business in exchange for what is being owed to them, then the stock will not trade again.
And if they do accept an equity for debt swap, the terms will be so onerous that existing shareholders will collectively end up - if they are lucky - owning just a few percentage points of the company that they today notionally own one hundred percent.
Sorry.