MCE 2.13% 23.0¢ matrix composites & engineering limited

Not sure this buyback was such a good idea! Could have used the...

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  1. 287 Posts.
    Not sure this buyback was such a good idea! Could have used the funds to increase dividend and underwrite future dividends. Plenty of franking credits available to frank dividends and only 93m shares on issue. I feel this policy would have helped the price and market confidence a lot more than a buyback structured the way it presently is. They should abandon the buyback and make sure dividends keep coming. Only a thought of a simple man but it looks a simple thing. Any thoughts anyone?
 
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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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Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
MCE (ASX) Chart
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