MCE 0.00% 30.0¢ matrix composites & engineering limited

Ann: Order Book Update, page-17

  1. 329 Posts.
    lightbulb Created with Sketch. 14
    Yes, it's boring and likely to be so for some time but if we get another 2c dividend for H2 it equates to a 9% return at current share price factoring in the imp cr. I am happy to be bored at that yield with the possibility of upside should oil price get back to its natural bottom of $70. Further to this it seems the current price is underwritten by the buyback policy with about 9mil to spend.
    Would rather hold MCE under those circumstances than FMG at $1.84 with Herculean debt.
 
watchlist Created with Sketch. Add MCE (ASX) to my watchlist
(20min delay)
Last
30.0¢
Change
0.000(0.00%)
Mkt cap ! $65.86M
Open High Low Value Volume
30.5¢ 30.5¢ 30.0¢ $30.66K 101.5K

Buyers (Bids)

No. Vol. Price($)
2 226908 30.0¢
 

Sellers (Offers)

Price($) Vol. No.
32.0¢ 30000 1
View Market Depth
Last trade - 16.10pm 23/08/2024 (20 minute delay) ?
MCE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.