MCE matrix composites & engineering limited

Can someone explain to me why MCE gapped up when the only news...

  1. 1,491 Posts.
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    Can someone explain to me why MCE gapped up when the only news out is a Director selling a million shares of stock?!

    To me that is a horrible sign. The stock is just coming off of a bottom after a very big descent, and a Director thinks this is the best price he can get?
 
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(20min delay)
Last
22.0¢
Change
-0.010(4.35%)
Mkt cap ! $49.23M
Open High Low Value Volume
23.0¢ 23.5¢ 21.5¢ $172.0K 762.4K

Buyers (Bids)

No. Vol. Price($)
1 100000 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
23.0¢ 100215 1
View Market Depth
Last trade - 15.07pm 11/09/2025 (20 minute delay) ?
MCE (ASX) Chart
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