Quintis in record plunge as Nestle drops sandalwood grower

Shares in Australian-listed sandalwood grower Quintis slumped as much as 33% after the company said Nestle had canceled a supply contract on December 16, but its board was kept in the dark until May 9. The company had been targeted on March 221 by short-seller Glaucus Research, which described the company’s latest announcement as “a […]