QIN 0.00% 29.5¢ quintis ltd

Shareholders sit last and there won't be a return to them (in...

  1. 81 Posts.
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    Shareholders sit last and there won't be a return to them (in theory they can get a return but it just never happens).

    Administrators will continue to grow the tree, harvest them and sell the wood if it makes commercial sense to do so.

    Just a FYI the general order of repayment is this:

    0) Administrator Fees
    1) Secured creditors
    2) Priority Creditors (employees)
    3) Unsecured Creditors
    4) Shareholders
 
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Currently unlisted public company.

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