Also Jackie - Surprised you think it's a reasonable result when net debt has increased by $6m since Dec 15 and is above 3 times EBITDA / EBIT...?
Interested to see how the Aus business performs given the tightening of VFH recently. There have been numerous reports of VFH-based colleges closing their doors due to tightening regulations, important to IQE given its Aus business relies on VFH funding and is a significant contributor to its growth recently
IQE Price at posting:
36.0¢ Sentiment: None Disclosure: Not Held