I think definitely timed with the name change, the function in Melbourne last night was a big deal for Quintis, all directors and senior management there, hence they probably haven't had the opportunity to sit down and respond in detail, obviously some would argue that they should have suspended themselves as a result.
Frank Wilson spoke, he addressed the report, saying that from day one of the company's 20 year existence they have been doubted, some argued they would never grow the trees, some argued they would never produce the oil and some argued they would never sell the product. Wilson said the company has done everything that others said they would never achieve and this is just another naysayer. Wilson also argued that just because a buyer doesn't have a good website or good business cards that doesn't mean that their not genuine.
The rest of the function was more aimed at the rebrand and how the company is evolving from a strictly forestry company.
TFC Price at posting:
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