MCE 7.50% 37.0¢ matrix composites & engineering limited

Sitting Duck fot Takeover

  1. 5,160 Posts.
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    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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