Yeah missing guidance, especially so early on in listed life, and you get hammered pretty bad. We should have decent confidence in the next one however, because they made it, revised it, then reiterated it... so hopefully they've learned their lesson.
Also I see from March FY annual report that the boat fund has tripled their holdings from IPO (from around 0.4% to 1.2%), so they were buying on the way down
Ann: IQE - Annual Meeting and FY2015 Update, page-4
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