2-3 years out, we might well see the flow on effects from the lower oil price.
But right now, there are three players in their space, one is apparently in difficulty and MCE has just been handed a 20% competitive advantage on the other.
Plus, I think MCE to some degree has always run contra cyclical to its industry. It couldn't take advantage of its markets in the good times due to currency and internal issues. Now it's the other way round, and I think they will do much better for at least the next two years.
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Last
35.0¢ |
Change
0.005(1.45%) |
Mkt cap ! $76.84M |
Open | High | Low | Value | Volume |
35.0¢ | 36.5¢ | 35.0¢ | $121.4K | 344.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 49014 | 35.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
36.5¢ | 4761 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 49014 | 0.350 |
2 | 16743 | 0.345 |
6 | 220150 | 0.340 |
5 | 211492 | 0.335 |
2 | 19300 | 0.330 |
Price($) | Vol. | No. |
---|---|---|
0.365 | 4761 | 1 |
0.370 | 27808 | 1 |
0.380 | 23575 | 2 |
0.390 | 25000 | 1 |
0.395 | 2000 | 1 |
Last trade - 16.10pm 29/03/2024 (20 minute delay) ? |
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Last
35.5¢ |
  |
Change
0.005 ( 2.48 %) |
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Open | High | Low | Volume | ||
35.0¢ | 36.5¢ | 35.0¢ | 78035 | ||
Last updated 15.56pm 29/03/2024 ? |
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