MCE 2.13% 23.0¢ matrix composites & engineering limited

$15m operating cash inflow in first half. $3.9m PAT 2c interim...

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. 5,217 Posts.
    lightbulb Created with Sketch. 32
    $15m operating cash inflow in first half.
    $3.9m PAT
    2c interim dividend
    $7m net cash on balance sheet
    138c net asset value, and rising.

    71c share price ?

    I'm also intrigued by the last comment in the presentation about market disruptions creating "near term growth opportunities." Sounds to me like a competitor could be on the way out of the market.

    The company should be buying back any stock they can below a dollar.
 
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.