I don't get why the dividend yield is so high, surely managment should be paying off debt. Dividends are higher than operational cashflow and debt just seems to keep going up. Revenue growth is nice but the operational leverage seems a bit high.
I'd be happier to invest if there was no dividend and debt was coming down, at least you wouldn't be worrying about debt covenants in case something went wrong with the company.
Looking cheap though if everything goes right though.
IQE Price at posting:
95.0¢ Sentiment: Hold Disclosure: Not Held
