MCE 3.85% 25.0¢ matrix composites & engineering limited

Ann: Preliminary Final Report , page-4

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  1. 1,116 Posts.
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    Solid results. Things I like:

    1. Met growth of 82% for this FY.
    2. Growth prediction for next FY has increased from 8% to 20%
    3. Conservative debt ratio while growing
    4. Expansion into the USA and other key markets
    5. MC of $405M while assets total roughly $200M

    Those buying at these prices will benefit from the foundations and investments that were laid out this year. Still can't see a solid reason for the heavy sell down. Happily accumulating on dips.

 
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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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