MCE 0.00% 25.0¢ matrix composites & engineering limited

Mumbly, It seemed to be public knowledge from a reliable person...

  1. 11 Posts.
    Mumbly,

    It seemed to be public knowledge from a reliable person who told me about me about it who heard from someone inside the company. I wouldn't have mentioned it otherwise....

    So at full capacity, which you would assume would be revenue of say $$18 to 20m per month, and an order book of $98m declared at 1 August, isn't the equation simple - in 8 weeks time when Xmas arrives, the work dries up and the plant comes to a grinding halt? The company has referred to the same pipeline of work over the past 18 months, so nothing has changed there, just no significant new orders.One would hope that their pending orders come to fruition soon.

    I can't see what the largest purchase of stock has anything to do with anything - those guys are either taking a huge punt or know something we mug punters obviously don't?

    I am still backing this horse, but losing patience and optimism very quickly - we need some good news and fast! If there is no good news, then I think we deserve to know about it as well.
 
watchlist Created with Sketch. Add MCE (ASX) to my watchlist
(20min delay)
Last
25.0¢
Change
0.000(0.00%)
Mkt cap ! $72.45M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
3 99220 25.0¢
 

Sellers (Offers)

Price($) Vol. No.
27.0¢ 75000 2
View Market Depth
Last trade - 09.42am 02/12/2024 (20 minute delay) ?
MCE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.