- Deep sea oil drilling is hot again, and MCE could well benefit
- GR Engineering Services could do well on clean energy revolution
MCE to benefit from resurrection of deep sea oil drilling
Euroz Hartleys has initiated coverage on advanced materials manufacturer, Matrix Composites and Engineering (ASX:MCE), with a Speculative Buy recommendation and a price target of 45c (vs current price of 26c at time of writing).
MCE is a West Australian-based manufacturer of specialised buoyancy modules, predominately used for deep sea drilling rigs and exploration.........DYOR and Cheers
Ann: AGM Chairperson's Address and CEO's Presentation, page-12
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Last
34.5¢ |
Change
0.005(1.47%) |
Mkt cap ! $75.74M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 34.5¢ | 32.5¢ | $70.65K | 211.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 33.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 8549 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| MCE (ASX) Chart |