MCE 2.13% 23.0¢ matrix composites & engineering limited

Ann: Appendix 3B - Share Appreciation Rights, page-2

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 409 Posts.
    lightbulb Created with Sketch. 9
    I have added up Share appreciation rights 3,727,272
    Executive Performance rights 145,161 fy14
    418,518 fy15
    Management Performance rights 47,426 fy14
    338,448 fy15
    Total 4,678,825

    This is too many rights for 2 years and hurdles are too low. Share price 30/6/15 was 48c.

    Shareholders received 3 c in dividends.
    Company bought 106,141 shares in buy back.

    20 years from now directors will take over ownership of company.
    Or existing shareholders will be diluted to non existence.
 
watchlist Created with Sketch. Add MCE (ASX) to my watchlist
(20min delay)
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
View Market Depth
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
MCE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.