The pressure on a company to bring in revenue quickly and not stumble along the way is HUGE. Reactions are punishing. QIN has a fifteen year cash low/ expense, high period so the temptations and pressure to keep the market , investors and shareholders happy ,SEEMS to result in risks.
The coy could got listed after proven markets, harvests and sales . So later rather than sooner. I agree with your thoughts spot on .
Plantation Indian Sandalwood is very difficult . Its not timber from that perspective. Its potential use, market and price excellent. Again unlike timber and even WA sandalwood. Is this a business that can survive a less perilous business model . ? We have very little with this year and next year with harvests but it's all big after then. This short time may save us.
This business has been visionary . No doubt about that.
Not long to find out.
QIN Price at posting:
29.5¢ Sentiment: Hold Disclosure: Held
