MCE 0.00% 35.5¢ matrix composites & engineering limited

Ann: Trading Halt , page-24

  1. 7 Posts.
    The cash burn rate has decreased significantly since the capital expenditure program concluded.

    Secondly, investors are interpreting no news as bad news (no contract wins). Such an interpretation is merely a reflection of negative sentiment rather than an indication of the underlying state of the business.

    Thus, I fail to see how "financial update" indicates or warrants interpretation as a capital raising.
 
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