MCE matrix composites & engineering limited

how low can matrix go??

  1. DSD
    16,010 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
23.0¢
Change
0.010(4.55%)
Mkt cap ! $51.47M
Open High Low Value Volume
23.0¢ 23.0¢ 22.5¢ $39.06K 170.0K

Buyers (Bids)

No. Vol. Price($)
1 38236 22.5¢
 

Sellers (Offers)

Price($) Vol. No.
23.0¢ 72034 1
View Market Depth
Last trade - 16.10pm 12/09/2025 (20 minute delay) ?
MCE (ASX) Chart
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