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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
Deep sea oil drilling is hot again, and MCE could well benefit...
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Last
37.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $81.23M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.5¢ | 30001 | 1 |
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| Last trade - 09.32am 30/04/2024 (20 minute delay) ? |
| MCE (ASX) Chart |
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