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.
Sitting Duck fot Takeover
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MCE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
36.0¢ |
Change
0.005(1.41%) |
Mkt cap ! $79.03M | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 36.0¢ | 35.0¢ | $79.95K | 228.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 102617 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 100000 | 1 |
View Market Depth
| Last trade - 15.36pm 22/07/2024 (20 minute delay) ? |
| MCE (ASX) Chart |