reduced debt? as far as the annual report states "At 30 June 2016, Matrix had no term debt". Which debt are you referring to? trade debt? They have over 3 mln net cash position, so I am not sure how to understand your statement on "reduced debt".
MC is 32% of NTA. Matrix is cash flow positive even in the depressed condition of offshore drilling market. Forager Funds Management is a good fund to have on the register (long term value investors).... The main question is how competitive their NPD for the new industries they are trying to crack. I will keep accumulating in the range of 39-45 cents. Seems like a good spec buy, with limited downside risk.
Views on MCE?, page-12
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
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 |
