MCE 2.13% 23.0¢ matrix composites & engineering limited

if they ever, page-37

  1. 1,029 Posts.
    lightbulb Created with Sketch. 27
    Certainly empathise with the notion Pecora, but some bloke who is far more wealthy than you or I astutely observed that you pay a high price for a cheery consensus.

    As I have indicated before, a few BIG contract announcements and the MCE price will be through the roof. The company still has a lot going for it - low debt, competitive advantages in IP, and low cost manufacture (currently no doubt offset to a large extent by the high dollar) compared to competitors. If sales and marketing ever start doing their jobs we are on a winner.

    In the meantime risks are high but informed investors may choose to take those risks on with such a low share price. The only reason I personally am not buying right now is that I have no idea how much lower the market is likely to sell off for MCE and it may be that it is available even cheaper in the near future - not trying to pick the bottom, just waiting patiently.
 
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.