MCE 0.00% 29.0¢ matrix composites & engineering limited

montgomery's intrinsic value is $11.13 !!!, page-11

  1. 139 Posts.
    I agree - excellent value. I have bought in two tranches: one substantially below current SP and one substantially above. I am hoping that the debt issues in US and Europe sought themselves out in the coming days and weeks and that the preliminary final report due end of August is consistent with the Austock guidance. If that happens, my second tranche should hopefully be back above water. From what I have seen nothing other than market sentiment and possibly some profit taking has caused SP to fall from capital raising price of 9.50 to current levels. The fact that we have not heard from management is a good sign - hopefully means profit is on par with broker views and previous guidance.
 
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Mkt cap ! $64.90M
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No. Vol. Price($)
2 172663 29.0¢
 

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30.0¢ 29969 1
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