MCE 0.00% 33.0¢ matrix composites & engineering limited

I'm also impressed but the comment "margin pressure due to...

  1. 287 Posts.
    I'm also impressed but the comment "margin pressure due to competition" makes you sit up and take notice. Does anybody have any idea who the competition are and what country.
    When I last looked the shares had tanked by 56 cents today. Perhaps some of the wash off from the shocking results of our OZ steel manufacturers is robbing off. Matrix is a OZ manufacturers who exports. That in its self is almost enough to put the wind up some. Is it Rodger Montgomery who pushed the barrow for Matrix. Maybe he has an opinion.
    The fall is very tempting but I'm inclined to let it get a bit of stability first.
 
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