MCE 3.85% 25.0¢ matrix composites & engineering limited

I have just read the analysis bY RM, but I am still a little...

  1. 115 Posts.
    I have just read the analysis bY RM, but I am still a little confused by the dividend.

    If no sales have taken place in the back half of the year, the company must feel pretty confident in getting new sales to offer a larger dividend. Otherwise, you would have thought that there was reliance on this money for operating expeditures.

    My take on this, is that there is another news story about to unfold - like a big sale announcement.

    I still wonder if we the shareholders know the full story...

 
watchlist Created with Sketch. Add MCE (ASX) to my watchlist
(20min delay)
Last
25.0¢
Change
-0.010(3.85%)
Mkt cap ! $72.45M
Open High Low Value Volume
25.5¢ 25.5¢ 25.0¢ $26.89K 107.2K

Buyers (Bids)

No. Vol. Price($)
1 4000 24.5¢
 

Sellers (Offers)

Price($) Vol. No.
27.0¢ 75000 2
View Market Depth
Last trade - 15.43pm 29/11/2024 (20 minute delay) ?
MCE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.