QHL 5.13% 18.5¢ quickstep holdings limited

VOTE NO TO RESOLUTION 5! PROTECT OUR INVESTMENT!

  1. 222 Posts.
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    The Risks Are Real! From the latest Annual Report:
    Debts falling due in 6mths:17.78mil, 12mths: 20.31mil, 2yrs: 25.31mil.

    HOW is QHL going to finance these debt as they fall due?

    RESOLUTION 5? DILUTE SHARE CAPITAL BY UP TO 25%? RAISE CAPITAL FROM NEW SHAREHOLDERS ON THE CHEAP TO BE ABLE TO PAY THE INTERESTS ON THESE LOANS? VOTE NO!

    https://hotcopper.com.au/data/attachments/3725/3725278-421fc0ff38cc54342785e92017edb918.jpg

    We have only 2.3mil in cash and this MOUNTAIN of debt is comming. QHL is also in a highly restrictive loan agreement with ANZ:

    https://hotcopper.com.au/data/attachments/3725/3725314-18095bd6e5f6443373c2709e8e5dda0e.jpg

    WHAT is the only logical thing for QHL to do?

    TRY AND PASS RESOLUTION 5. DILUTE EXISTING SHAREHOLDERS AND TRY TO PAY THE INTERESTS/DEBTS DOWN AT A RIDICULOUS RATE. LET THIER MATES ENTER ON THE CHEAP! FURTHER DEPRESS OUR SHARE PRICE AND INVESTMENT WITH LAME EXCUSES!

    VOTE NO TO RESOLUTION 5! DON'T LET QHL DILUTE OUR INTERESTS! DON'T LET THEM CONTINUE TO BE UNACCOUNTABLE!
 
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