Another contract win and another massive yawn from the market....
But it must be stated that this is further confirmation that the customer base continues to grow, particularly in the US (very important).
As stated, the lead times probably preclude a landslide of contracts that would see reasonable sp movement but a steady build of new deals is much better than none at all and should eventually lead to ITE posting lots of black numbers come reporting time.
So the story hasn't changed - this is a long-term hold that should one-day prove a reasonable investment.
Good luck to all and DYOR
ITE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held