MCE 2.13% 23.0¢ matrix composites & engineering limited

montgomery's intrinsic value is $11.13 !!!, page-11

  1. 139 Posts.
    I agree - excellent value. I have bought in two tranches: one substantially below current SP and one substantially above. I am hoping that the debt issues in US and Europe sought themselves out in the coming days and weeks and that the preliminary final report due end of August is consistent with the Austock guidance. If that happens, my second tranche should hopefully be back above water. From what I have seen nothing other than market sentiment and possibly some profit taking has caused SP to fall from capital raising price of 9.50 to current levels. The fact that we have not heard from management is a good sign - hopefully means profit is on par with broker views and previous guidance.
 
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.