AWN
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2.27% 90.0¢ awn holdings limited

IQE dropped 50% in 2 days based on NZ Govt review of funding...

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  1. Patient
    1,073 Posts.
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    26/11/15
    06:30
    Post #: 16479799
    IQE dropped 50% in 2 days based on NZ Govt review of funding payments to two schools in NZ.

    AWN is illiquid and holds 24% of IQE so is being sucked into the back draft. IQE estimate impact at $NZ4-5m if not sorted by the end of FY16.
    AWN Price at posting: 40.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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