2-3 years out, we might well see the flow on effects from the lower oil price.
But right now, there are three players in their space, one is apparently in difficulty and MCE has just been handed a 20% competitive advantage on the other.
Plus, I think MCE to some degree has always run contra cyclical to its industry. It couldn't take advantage of its markets in the good times due to currency and internal issues. Now it's the other way round, and I think they will do much better for at least the next two years.
2-3 years out, we might well see the flow on effects from the...
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MCE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
27.5¢ |
Change
0.045(19.6%) |
Mkt cap ! $72.45M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 29.0¢ | 26.0¢ | $57.59K | 205.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7703 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 36500 | 1 |
View Market Depth
| Last trade - 15.48pm 25/11/2024 (20 minute delay) ? |
| MCE (ASX) Chart |
