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Quintis renegotiates $34m acquisition

Sandalwood producer Quintis has negotiated a second deferral of an option agreement that could see it having to pay nearly $34 million to buy back 400 hectares of plantations, as the company confirmed it was in advanced negotiations with a possible replacement for a key Chinese customer.

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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

37th↑Valmec$106.1m
38th↓Quintis$97.4m
40th↑Euroz$92.1m
41st↑Pioneer Credit$81.5m
239 listed industrial companies ranked by revenue.
Source: Morningstar

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