Hi persistentone. After yesterday's big rally I reckon Matrix is now trading slightly above fair value, which is why I am happy to hold for now.
If the company is successful in securing enough orders to run Henderson at nameplate capacity, as suggested, then the value will increase dramatically (much better return on capital already invested in the plant). Let's hope the we can secure those orders.
Ann: Half Yearly Report and Accounts , page-13
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Last
26.5¢ |
Change
-0.010(3.64%) |
Mkt cap ! $72.45M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 28.0¢ | 26.0¢ | $140.0K | 528.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 49361 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 100000 | 1 |
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| Last trade - 16.10pm 26/11/2024 (20 minute delay) ? |
| MCE (ASX) Chart |
