MCE 3.64% 26.5¢ matrix composites & engineering limited

Solid results. Things I like:1. Met growth of 82% for this FY.2....

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  1. 1,116 Posts.
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    Solid results. Things I like:

    1. Met growth of 82% for this FY.
    2. Growth prediction for next FY has increased from 8% to 20%
    3. Conservative debt ratio while growing
    4. Expansion into the USA and other key markets
    5. MC of $405M while assets total roughly $200M

    Those buying at these prices will benefit from the foundations and investments that were laid out this year. Still can't see a solid reason for the heavy sell down. Happily accumulating on dips.

 
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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
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