MCE 2.99% 34.5¢ matrix composites & engineering limited

Looks like some M&A is a possibility. If that happens then it...

  1. 551 Posts.
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    Looks like some M&A is a possibility. If that happens then it will almost certainly narrow the gap between NTA and the current share price. Despite all the doom & gloom, a $16M market cap looks extremely undervalued. The 5-10 year outlook is very good because O&G capex will have to catch up after a prolonged slump. The cycle will turn.

    https://hotcopper.com.au/data/attachments/2321/2321921-b695a84738a667b86faf3fff0a0138c0.jpg

 
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