Ann: IQE Business Reporting Structure and Executive Team Update-IQE.NZ, page-3

If IQE come through the ASQA audit relatively unscathed - meaning a slap here and there, a change of this process and that procedure, perhaps a tweak of certain revenue streams etc ...the SP could very well soar as this would imply "business as usual" which means what revenue streams are in place today, should remain so.

The business has shown it can be profitable *if* it's well managed. Given the old CEO is now gone, hopefully they are are working towards (should the audit result turn out okay) a new growth phase lead by the new leadership team.

That said, it could just as well go the other way and the implications of the final position of the audit could result in a severe impact to operations & ongoing revenues but I think a lot of that potential scenario is already priced into the current SP over the past 2 weeks.

Let's see what transpires over the next 2/3 weeks - it will likely turn out to be feast or famine - hopefully the former. GLTA shareholders...