SLX silex systems limited

IQE exercises exclusive option to acquire cREO(TM) technology and IP portfolio, page-13

  1. 630 Posts.
    Sil,
    We got IQE shares. They are reported as Available-for-sale financial assets.

    Check out the half year accounts announcement in Feb 2018. It says "The value of Available-for-sale financial assets (shares in IQE Plc) increased by $4.9m during the half-year as the IQE share price increased significantly"

    See page 11 in the same report. Under Non-current assets they have "Available-for-sale financial assets". These are currently worth $12,175,681. Or on p14 it says: "Available-for-sale financial assets (shares in IQE Plc) of $12,175,681 ($7,284,502 at 30 June 2017)."

    Also, as I recall, the choice of shares or cash is IQE's not ours.
    Last edited by rennis: 18/03/18
 
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