MCE 0.00% 26.5¢ matrix composites & engineering limited

how low can matrix go??

  1. DSD
    15,757 Posts.
    Closed at $6.15 down 7.4%!! SP was $8.50 only 6 weeks ago. Thatt's 38% above current SP!! This for a state-of-the-art company manufacturing goods for a sector (offshore oil&gas)that is supposed to have high demand and willingness to spend big. Something doesn't reconcile. Is SP oversold and a bargain about to be confirmd by yr-end results in 2 weeks.... or has mkt been wrong about MCE profitabilty until very recently? Afterall, SP was $1.36 only 32 months ago.
 
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Mkt cap ! $72.45M
Open High Low Value Volume
26.5¢ 26.5¢ 26.0¢ $47.49K 179.6K

Buyers (Bids)

No. Vol. Price($)
3 132870 26.0¢
 

Sellers (Offers)

Price($) Vol. No.
26.5¢ 57815 2
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Last trade - 12.27pm 27/11/2024 (20 minute delay) ?
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