It's very thinly traded, with majority of holdings between AWN and a number of instos, so no real analyst coverage.
That said, if you listen to the end of the HY presentation, there's questions around Quantum's reporting to TEC about pass rates. I've clarified with Intueri, who have mentioned that this is only 15% of Quantum's revenues (approx 4m using last year's figures), but could still cause some pain.
IQE Price at posting:
$1.18 Sentiment: Hold Disclosure: Held