MCE 1.89% 26.0¢ matrix composites & engineering limited

G'day MikS - your equity per share should be based on average...

  1. 1,029 Posts.
    lightbulb Created with Sketch. 27
    G'day MikS - your equity per share should be based on average equity (or even starting equity), not ending equity. To calculate this accurately you need the average number of shares on issue over the calendar year. I don't know this, but the number on issue now is close to 73 million, so use this figure to be conservative.

    Thus average equity per share = 62.8/73 = $0.86 cents per share. It will make some difference to your IV.

    Tcruicks, I don't need faith when it comes to investing. I stick to the facts to make a rational, evidence based decision.
 
watchlist Created with Sketch. Add MCE (ASX) to my watchlist
(20min delay)
Last
26.0¢
Change
-0.005(1.89%)
Mkt cap ! $72.45M
Open High Low Value Volume
26.5¢ 26.5¢ 26.0¢ $78.45K 298.6K

Buyers (Bids)

No. Vol. Price($)
1 13797 26.0¢
 

Sellers (Offers)

Price($) Vol. No.
27.5¢ 9150 1
View Market Depth
Last trade - 15.52pm 27/11/2024 (20 minute delay) ?
MCE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.