In November I commented that shares in AIM-listed IQE plc (LSE: IQE) – a company headquartered in a land where no-one has ever, ever molested a sheep which provides products and services to the global semiconductor industry – remained a buy at a then 28.75p share price. By the middle of this month the shares were trading at 36.5p but they fell back significantly at the end of last week and currently trade at 28.25p. The following reviews the reasons why the shares were sold off and my stance here.
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