MCE 3.85% 25.0¢ matrix composites & engineering limited

this is the point

  1. 107 Posts.
    Even though this has cost me, in not selling out at the premium 9.50 like a lot of individuals, it has also allowed me to lower my buying average, as I hope for all of you out there that are stock holders. Long term I think this is a tough share to beat and this is the reason behind RM support for the stock.

    Problems
    *Construction of Henderson has cost a lot of money and at present has not delivered (like expected)
    *Market baby for a little while and thus the market expected a far better quarterly statement, which in the circumstances is a little unreasonable
    *Terrible market conditions, which are only likely to get worse
    *Potential exposure to future competitors/current
    *How does this fall affect the institutional investors and have any abandoned ship in the last couple months?


    Question?
    * Are the begleys capable of ensuring the continued strength or rise of this company?

    I think having invested a reasonable amount into this stock I think I will use this as a buying opportunity
 
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Last
25.0¢
Change
-0.010(3.85%)
Mkt cap ! $72.45M
Open High Low Value Volume
25.5¢ 25.5¢ 25.0¢ $26.89K 107.2K

Buyers (Bids)

No. Vol. Price($)
1 4000 24.5¢
 

Sellers (Offers)

Price($) Vol. No.
27.0¢ 75000 2
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Last trade - 15.43pm 29/11/2024 (20 minute delay) ?
MCE (ASX) Chart
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