MCE 19.6% 27.5¢ matrix composites & engineering limited

we are on the same page. From a chartist prospective, what makes...

  1. 123 Posts.
    lightbulb Created with Sketch. 2
    we are on the same page. From a chartist prospective, what makes you to think that there is a high probability of a spike? I am trying to price in the worst case scenario, but find difficult to assign a high probability to a significant decrease of revenue from this level. And at this depressed level, they manage to generate a positive cash flow... seems like a good buy on risk/reward ratio
 
watchlist Created with Sketch. Add MCE (ASX) to my watchlist
(20min delay)
Last
27.5¢
Change
0.045(19.6%)
Mkt cap ! $72.45M
Open High Low Value Volume
26.0¢ 29.0¢ 26.0¢ $57.59K 205.0K

Buyers (Bids)

No. Vol. Price($)
2 7703 27.0¢
 

Sellers (Offers)

Price($) Vol. No.
28.0¢ 36500 1
View Market Depth
Last trade - 15.48pm 25/11/2024 (20 minute delay) ?
MCE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.