MCE 0.00% 26.5¢ matrix composites & engineering limited

no contracts, no cash flow. valuations from stockbrokers and...

  1. 116 Posts.
    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?
 
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