MCE 1.12% 45.0¢ matrix composites & engineering limited

Sitting Duck fot Takeover

  1. 5,116 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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Mkt cap $41.71M
Open High Low Value Volume
45.0¢ 45.0¢ 45.0¢ $20.25K 45K

Buyers (Bids)

No. Vol. Price($)
2 33311 44.5¢

Sellers (Offers)

Price($) Vol. No.
48.0¢ 2482 2
Last update - 10.53am 16/10/2018 (20 minute delay) ?
MCE (ASX) Chart
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