No action?? These guys have been sitting on a cash pile for over a year now...
In this case, no news is not good news. Get the feeling senior management have got their money last year and attention is now focused elsewhere (Arowana Inc and AASSF??)
Maybe they should just wind the listing up - sell their holding in IQE and return the cash to shareholders. They don't seem able to find anywhere to deploy their capital
Been a steady fall from over $1
AWN Price at posting:
70.0¢ Sentiment: None Disclosure: Held