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Big rise yesterday on top of a long upswing 1,000% in 6 months. But I still thought easily above 60p based on the Tower news

This deal is huge for IQE. After being quite pessimistic about the company for years, I think they could really become a very profitable company. I’ll not do any share price forecasts but the lid could blow here.

£1.1m trades gone through at a premium of £10.29

But old saying, follow the price not the trades!

Agree. Don’t hold but watching closely also.

Might be trying to fill the gap from 2 days ago… who knows.

Tested £1.90 with a big bounce

This company is so underrated. Few posters on here but I guess that’s a good thing!

If shorts were 2021/22/23/24 at higher prices of course, why wouldn’t they all have just closed at much lower prices. Makes no sense to me.

Is this saying shorts are still open from 2022/23/24? Sorry for naive question

The MMs must be holding a fair bit of stock then and won’t want to sell at a lower price.

See the US buyers have kicked in again.

Can’t believe how quiet it is on here

Keeps slowly ticking up. Seems like all time high today. Maybe even the £40 barrier.

I can’t believe some of the drivel on here. Fine to get excited on rises of course but some of the hype comments are crazy.

This one earlier for instance —-

“I predicted £22 a share and they laughed at me.”

It’s up to above 83p currently!

This reminds me of 2021 when it had a run like this. Better shape now though and closer to revenues

I was a bit surprised when they delisted their ADS from Nasdaq

Value being unlocked here at last. Have always thought undervalued but it’s been a slow hard slog. Seaport in the US should get PRTC a lot more visibility

Think of ARM as a good example. Number of times I thought that it couldn't go any higher back in the day.

The CWR model is similar but very different products of course.

I hate shorting with a passion. Should be banned imho

It was obviously coming as I mentioned last week. Hence that dive on share price.

Long term good but short term, 19.8p will hit the share price of course.

https://www.investing.com/news/company-news/iqe-launches-retail-share-offer-at-58-discount-to-market-price-93CH-4639492