In this instance, if you look at the MIS business which QIN offers predominantly in may or June of a tax year to offset tax then sentiment has a huge bearing on what advisers offer their clients to save tax come end of year.
The negativity and fall of the share price and the speculation of two short biased analysts' reports will surely have an impact on revenue even if one potential MIS sale is lost.
QIN Price at posting:
29.5¢ Sentiment: Buy Disclosure: Held