MCE 5.45% 26.0¢ matrix composites & engineering limited

It is difficult to short such a small stock so only big boys...

  1. 954 Posts.
    It is difficult to short such a small stock so only big boys with big trading accounts can do this.
    I note on Sunday financial news 6pm skynews one of the panel did a 30 sec presentation as to why his fund has a buy. It didnt change the price on Monday but I think at 90 cents this is about the bottom.
    As it drops further buying comes in the short may be to keep a price lid so funds can buy some stock.
    The stock is very tightly held at this price.
    I have a significant number of shares (ave entry 99 cents) my ONLY other share is Nort starr bought on Monday and shorts on the ASX 200 but they are well in the red!!
    I am hoping the auzzie dollar takes a dive then matrix profits will jump. Great to see a director buying.
 
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Last
26.0¢
Change
-0.015(5.45%)
Mkt cap ! $72.45M
Open High Low Value Volume
28.0¢ 28.0¢ 26.0¢ $30.33K 114.6K

Buyers (Bids)

No. Vol. Price($)
2 54900 26.0¢
 

Sellers (Offers)

Price($) Vol. No.
26.5¢ 38152 1
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Last trade - 13.12pm 26/11/2024 (20 minute delay) ?
MCE (ASX) Chart
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