Coronavirus impact: 28 April - soaring share prices from this little lot
Announcements included an update from from Burford Capital, which saw its shares bounce strongly, but we still feel this business is ill-suited to public markets.
IQE: results in line but tough to understandIQE (LON: IQE) the leading supplier of advanced wafer products and material solutions to the semiconductor industry, announced full year results in line with its previous update. The group previously held the accolade as one of the most heavily shorted stocks on the UK stock market but, much like its share price, short interest has declined materially over the past few months. Results for the year ending 31 December 2019 saw revenue fall 10% to £140.0m and the group record an adjusted operating loss of £4.7m. The statutory loss after tax was a whopping…