IQE intueri education group limited
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Looks like you will get your 2.20s entry. Very little secondary...

  1. peterdoobes
    2,513 Posts.
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    28/05/14
    12:42
    Post #: 13426497
    Looks like you will get your 2.20s entry. Very little secondary market support for IQE after the huge first day spike.

    At $2.30 is trading at around 13.7x FY14 cash NPAT and 11.6x FY15 cash NPAT. Meeting the FY15 number is obviously the key. Much lower multiples here than NVT and VET.

    I'm yet to purchase my second parcel. I want to see it form some sort of base first
    IQE Price at posting: $2.30 Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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