RE: iqe fiasco12 Oct 2018 11:24
Surely silence is, or should be seen as encouraging. The half year results restated the 40-60 split for the year. There was always going to be a longish period without news with plenty of opportunity for sogginess. With the star quality of this share effectively destroyed by the shorters' negative campaign the current position is no surprise. With the new under-used (so far) plant and several varied markets opening up, a massive revival is at least possible. The alternative is that something has gone seriously wrong, but if that is so, the board should have told us. So silence is IMHO golden.
And surely they can manage without a CFO for a while yet. Better wait than make a poor appointment. But never forget that this is a dangerous sector. The prizes can be sumptuous but things can turn on a dime. That said selling here makes no sense to me.