MCE matrix composites & engineering limited

Ann: Company Update July 21, page-2

  1. 22,687 Posts.
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    The cash burn seems to be an issue here. They're spruiking improved conditions but burnt $4.4 million in cash presumably touting for the business they say is out there. At that rate the cash runs out in 9 months so they need the increased activity to translate quickly into getting paid for services rendered.

    Reaper
 
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Last
29.0¢
Change
0.020(7.41%)
Mkt cap ! $64.90M
Open High Low Value Volume
28.0¢ 29.5¢ 28.0¢ $435.1K 1.521M

Buyers (Bids)

No. Vol. Price($)
4 153500 28.5¢
 

Sellers (Offers)

Price($) Vol. No.
29.5¢ 91000 2
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Last trade - 15.59pm 31/07/2025 (20 minute delay) ?
MCE (ASX) Chart
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