MCE 2.13% 23.0¢ matrix composites & engineering limited

For those brave enough not to be influenced by 'Mr Market' the...

  1. 3,092 Posts.
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    For those brave enough not to be influenced by 'Mr Market' the current depression in MCE's share price has provided a wonderful opportunity for investors to buy an extraordinary business with incredible prospects at a fair price.

    Not a bargain price, a fair price.

    I wrote shortly after the recent CR that the price of MCE's shares would surge. In the immediate term I've been proven wrong although the reasons I gave are still as valid now as they were then and I expect MCE to be re-rated when the market comes to its senses.

    Today I bought more shares at $8.18 after receiving money returned to me by Vocus. In the short term the share price will likely dip lower than my purchase price although in the longer term I believe this purchase price will represent excellent value.
 
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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
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
MCE (ASX) Chart
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