MCE 0.00% 36.0¢ matrix composites & engineering limited

Sitting Duck fot Takeover

  1. 5,192 Posts.
    lightbulb Created with Sketch. 30
    NAv is 140c , they will be having a good year, dividend due this month.

    With rhe low dollar and their state of art plant and products, I would expect serious corporate interest while the shares are massively below NAV.

    Can't see the big holders in this fairly illiquid stock not being happy with a sensible exit now that oil and gas markets are looking tougher mid term.
 
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Mkt cap ! $36.83M
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35.5¢ 37.5¢ 35.5¢ $39.77K 108.3K

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1 5000 36.0¢
 

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37.5¢ 4108 1
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Last update - 15.10pm 22/02/2019 (20 minute delay) ?
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