MCE 2.13% 23.0¢ matrix composites & engineering limited

Ann: Half Yearly Report and Accounts, Dividend, Buyback, page-3

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    lightbulb Created with Sketch. 32
    $15m operating cash inflow in first half.
    $3.9m PAT
    2c interim dividend
    $7m net cash on balance sheet
    138c net asset value, and rising.

    71c share price ?

    I'm also intrigued by the last comment in the presentation about market disruptions creating "near term growth opportunities." Sounds to me like a competitor could be on the way out of the market.

    The company should be buying back any stock they can below a dollar.
 
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Last
23.0¢
Change
-0.005(2.13%)
Mkt cap ! $72.45M
Open High Low Value Volume
23.5¢ 23.5¢ 22.0¢ $55.45K 242.7K

Buyers (Bids)

No. Vol. Price($)
3 113179 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
25.0¢ 28075 2
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