MCE 2.13% 23.0¢ matrix composites & engineering limited

valuation, page-23

  1. 1,046 Posts.
    Matrix has a unique service that allows oil&gas explorers to drill well offshore one of only 4 companies in the world that can do this. oil has peaked in 2006 price will gradually rise making offshore exploration much more viable and matrix will make plenty of money long term.


    And an example in regards to your question and negative position about a company not being able to have a large return on equity over time...
    Coca Cola (KO:NYQ) the US Company has done a pretty good job if you brought 1 share a $40.00 in 1930 and re invested dividends you would have $5million plus today. it has grown from a 40 million dollar company to a 150billion dollar company.
 
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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
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