no contracts, no cash flow. valuations from stockbrokers and RM's followers are $5.50 - 6.50, but that doesn't take into account the terrible macro conditions. the matrix share price is completely pegged to news of a contract win now, and without that it will continue to get crushed down to $3 (and beyond?).
people cite bad management as the reason. what evidence is there that it's bad management rather than lack of demand?
whats rogers valuation now, page-38
-
- There are more pages in this discussion • 3 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
26.0¢ |
Change
-0.005(1.89%) |
Mkt cap ! $72.45M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 26.5¢ | 26.0¢ | $78.45K | 298.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13797 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 9150 | 1 |
View Market Depth
| Last trade - 15.52pm 27/11/2024 (20 minute delay) ? |
| MCE (ASX) Chart |
