MCE matrix composites & engineering limited

Ann: Clarification to Response to Media Article, page-9

  1. 320 Posts.
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    I see some benefit to AIS (potentially cheaper funding through cap raise) and lots of uncertainty to MCE. Private companies generally project themselves as worth more than they are- no one knows until they are listed. They also say they are going to do an immediate CR which generally drives down sp. I don’t really see the benefit to Matrix. Looks like the management is also confused as to how this is all going to be of any benefit?

    MAtrix has not won many contracts. They mentioned sometime ago that more than $100M contracts are in the play and decisions will be made before EOY. We are almost in the last month and we have not heard much. That is more concerning to me than anything else.
 
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Mkt cap ! $55.95M
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