MCE 0.00% 35.5¢ matrix composites & engineering limited

Ann: Sale of surplus property, page-2

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  1. 331 Posts.
    lightbulb Created with Sketch. 14
    Its really hard to know where to from here!
    On one hand its at a bargain basement price and on the other hand its prospects as a manufacturer of products in the oil and gas space look precarious. To me the only hope is to move into new products using the expertise in Composite products. I would like to think that management are working towards something like that but on form its unlikely.
    Too bad there is only one Elon Musk born every century as we could certainly do with such an inspired man right now.
 
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