MCE 0.00% 32.5¢ matrix composites & engineering limited

Yes Wolfie, you are right on the money with Begley Snr. He has...

  1. 329 Posts.
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    Yes Wolfie, you are right on the money with Begley Snr. He has about 21m shares and I am sure would seriously consider an offer of $1.50 or more. Looks like a pretty large seller is out. This is often caused by the insto's portfolio rules which dictate that they have to exit once a market cap drops below a set amount. I am only speculating but its likely the case.
    Oil sneaking up and $A sneaking down is all good news. We just need a good first half and a nice cash reserve and $1 would be quite likely.
 
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