MCE 0.00% 33.0¢ matrix composites & engineering limited

Reports in the AFR of a $2.2 billion takeover of Recall by a big...

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    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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