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Quintis opposes requisition

Troubled sandalwood producer Quintis says its board intends to advise shareholders to vote against a series of resolutions to spill the board, while also announcing a one-week extension on its forbearance agreement.

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Comments

Burleigh Waters Qld
As a long-suffering shareholder I won’t need much persuasion to vote for change, especially if the growers are in favour.

This has to happen for long-term shareholders like me. The company needs leadership from people who understand the sandalwood industry; the current board clearly does not.

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Quintis (QIN)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Share Transactions

23/03/17
$59k Bought
19/12/16
$0 Issued
02/09/16
$100k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

39th↑Finbar Group$125.8m
40th↑Veris$107.9m
41st↓Quintis$97.4m
42nd↑Kresta Holdings$87.8m
43rd↓Neptune Marine Services$82.6m
234 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from Quintis

107thAlistair Stevens$769k
462ndQuentin Megson$299k
237thDalton Gooding$293k
Ranked by total remuneration from all listed WA companies

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