Hmm, let's see....
If MCE currently has 40% market share as reported then:
66 rigs x $14 mill = $924 mill x 40% = $370 mill
Replacement market: $300 mill x 40% = $120 mill
So that's $490 mill revenue over two years or roughly $245 mill per year
MCE 2009 revenue approx $100 mill
MCE 2010 revenue approx $185 mill
So MCE 2011 revenue could be
$245 mill + current work + any increase in market share + additional rigs being built that are not yet scheduled
Holy giant flotation devices Batman!
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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($) | Vol. | No. |
---|---|---|
25.0¢ | 28075 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 14995 | 0.290 |
1 | 8500 | 0.285 |
1 | 6500 | 0.280 |
1 | 15000 | 0.270 |
1 | 10000 | 0.265 |
Price($) | Vol. | No. |
---|---|---|
0.320 | 3031 | 1 |
0.340 | 3649 | 1 |
0.345 | 12762 | 1 |
0.350 | 98847 | 3 |
0.360 | 30000 | 1 |
Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
MCE (ASX) Chart |