Bright spotlight driving QIN clients away, page-2

Sharing my thoughts here.
It is not often that Grey Market is associated with an ASX listed company. But for QIN it probably is. Our usual analysis/forecast may not be so effective for a Grey Market.

Let us look at the market categories-
White market- Contributes to GDP
Black Market – Illegal, mostly immoral and often dangerous
Informal market – Not illegal, just under the radar. Does not contribute to GDP. It usually exists for reasons of compliance cost and because everyone thinks it is Ok.
Grey market – We see this to include Black and Informal markets

If a product starts it’s life in Informal/Black market, then enters the White Market and then falls back to Informal Market before consumption, things can and do get complicated. This is the current state of Sandalwood market.

QIN has to develop a White Market for the wood – the oil market is already white.

While QIN is in this juvenile stage, if someone can have it for a crunchy meal, that would be just law of nature, I guess. But it can not be that hard for our board - even after the Galderma debacle - to fight back and survive this short-term cash flow issue.