Well before I handed over my money, I specifically asked what would happen to the MIS, if TFS collapsed?
Second, we have a lease and a RE, Responsible Entity that manages the scheme. Yes we buy water and labour services from TFS/Quintis but growers groups are't owned by Quintis. As long as the growers don't default and keep paying the bills....
If you want to know how useless PDS's are, I had to sign a document saying i didn't get financial advice to invest, even though i read the 110 page document AND asked them questions about it like insolvency. Personally, i think financial planners are bigger liars than Quintis, so who advises you on risk? Not ASIC
QIN Price at posting:
29.5¢ Sentiment: None Disclosure: Not Held