MCE 2.13% 23.0¢ matrix composites & engineering limited

Keep in mind though that their main competitor has benefited...

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. 166 Posts.
    Keep in mind though that their main competitor has benefited even more from a big drop in the Swedish currency. The Australian dollar has actually gained a bit against the Swedish Kronor. Not a big difference though so one could argue that both Matrix and Trelleborg are surfing a currency wave atm. The big difference between the companies (besides size and diversity) is the rock bottom valuation of Matrix. Trelleborg is trading around p/e 20.
 
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.