MCE 2.13% 23.0¢ matrix composites & engineering limited

Actually, I should have separated my comment on margin calls and...

  1. 15 Posts.
    Actually, I should have separated my comment on margin calls and gold into separate paragraphs, I wasn't intending to relate the two.

    This stock is like the fundamentalists (bullish) vs the technical traders (bearish) but I feel that the fundamentalists are ignoring the macro economics while some world economies are teetering on the edge of collapse.

    With so many countries in dire straights, or risk of dire straights due to the domino effect, it's difficult to see anything that could make it get rapidly better but it's easy to see what could make it substantially worse. The prevailing risk is to the downside IMO.

    Anyway, time will tell. Good luck with your trades also (sincerely), we're just the small fish in this pond.
 
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.