MCE 3.85% 25.0¢ matrix composites & engineering limited

Why exactly would matrix buy into a lithium deposit? I know...

  1. 923 Posts.
    lightbulb Created with Sketch. 25
    Why exactly would matrix buy into a lithium deposit?

    I know avexa a HIV drug development company bought a coal mine a few years ago so you get some curveballs every now and again but its not common.
 
watchlist Created with Sketch. Add MCE (ASX) to my watchlist
(20min delay)
Last
25.0¢
Change
-0.010(3.85%)
Mkt cap ! $72.45M
Open High Low Value Volume
25.5¢ 25.5¢ 25.0¢ $26.89K 107.2K

Buyers (Bids)

No. Vol. Price($)
1 4000 24.5¢
 

Sellers (Offers)

Price($) Vol. No.
27.0¢ 75000 2
View Market Depth
Last trade - 15.43pm 29/11/2024 (20 minute delay) ?
MCE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.