MCE 0.00% 33.0¢ matrix composites & engineering limited

Now becoming interesting, page-15

  1. 329 Posts.
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    At 50 that's 37% of NTA. With an order book of 130mil oil needs to stay at these levels for a long time to have a catastrophic impact on this and many many other companies. OPEC meeting in June if not sooner will be the key to the fortunes of a lot of people, companies, employees and investors not to mention entire communities. It's hard to imagine that oil price is sustainable at this level.
 
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