MCE 2.13% 23.0¢ matrix composites & engineering limited

valuation, page-4

  1. 1,029 Posts.
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    I'm a big fan of this stock too Tcruicks but we need to stick to the facts.

    Take another look at the cash flow statement for the half year. Cash flow definitely not positive. I expect it to be temporary, but it is negative this half none the less.

    Secondly, under Cash Flows from Financing Activities there is $23.63 million under Proceeds from Borrowings. This suggests to me that the company is no longer debt free either. Again, I expect it to be temporary, but it is still there now.
 
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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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Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
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