Reports in the AFR of a $2.2 billion takeover of Recall by a big US outfit. I reckon we are going to see a lot more takeover activity of good Australian businesses now that the Aussie dollar is 20% lower. Especially those that export.
Matrix fits the profile exactly. All export, market leader, brand new state of the art plant, and trading at half net asset value !
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Open | High | Low | Value | Volume |
33.0¢ | 33.0¢ | 33.0¢ | $3.245K | 9.833K |
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1 | 1460 | 0.325 |
3 | 21828 | 0.320 |
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