Cash has fallen $13m in 6 months with no earnings generated
IQE "contagion" comment is laughable considering 2 of its schools are under investigation
It appears their investments as part of AASSF have fallen from $24.9m to to $22.5m(not sure?. Not clear from reading p9 of the accounts. What is UPMG and Vivo anyway? Some more detail would be nice rather than just continually talking of pipeline.. all it appears to be is a loss making division?
Overall the accounting seems very confusing which is never a good sign to me
No mention of any clawbacks from IQE shareholders from investigations being undertaken which is good
Happy I sold out
AWN Price at posting:
55.0¢ Sentiment: Sell Disclosure: Not Held
