MCE matrix composites & engineering limited

how low can matrix go??

  1. DSD
    15,978 Posts.
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    Closed at $6.15 down 7.4%!! SP was $8.50 only 6 weeks ago. Thatt's 38% above current SP!! This for a state-of-the-art company manufacturing goods for a sector (offshore oil&gas)that is supposed to have high demand and willingness to spend big. Something doesn't reconcile. Is SP oversold and a bargain about to be confirmd by yr-end results in 2 weeks.... or has mkt been wrong about MCE profitabilty until very recently? Afterall, SP was $1.36 only 32 months ago.
 
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(20min delay)
Last
29.5¢
Change
0.000(0.00%)
Mkt cap ! $66.02M
Open High Low Value Volume
29.5¢ 29.5¢ 29.5¢ $461.5K 1.564M

Buyers (Bids)

No. Vol. Price($)
4 29619 29.0¢
 

Sellers (Offers)

Price($) Vol. No.
30.0¢ 394421 5
View Market Depth
Last trade - 16.10pm 08/08/2025 (20 minute delay) ?
MCE (ASX) Chart
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