This stock is the wrong price by some margin.
Really ought to be 75-80c in a flash.
NAV 140c+ for a state of the art manufacturing plant which is trading profitably.
I also am strongly of the view that the longer the shares are below a dollar, the greater the chance of a takeover.
Despite all the good things happening internally at Matrix, I just can't see Begley senior, who is the biggest holder, not wanting an exit. Especially if the industry has a more uncertain outlook.
A silver lining, page-3
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
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 |
