MCE matrix composites & engineering limited

Sitting Duck fot Takeover

  1. 6,073 Posts.
    lightbulb Created with Sketch. 110
    NAv is 140c , they will be having a good year, dividend due this month.

    With rhe low dollar and their state of art plant and products, I would expect serious corporate interest while the shares are massively below NAV.

    Can't see the big holders in this fairly illiquid stock not being happy with a sensible exit now that oil and gas markets are looking tougher mid term.
 
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(20min delay)
Last
23.0¢
Change
0.000(0.00%)
Mkt cap ! $51.47M
Open High Low Value Volume
22.5¢ 23.5¢ 22.0¢ $347.1K 1.513M

Buyers (Bids)

No. Vol. Price($)
2 92097 21.5¢
 

Sellers (Offers)

Price($) Vol. No.
23.0¢ 95737 1
View Market Depth
Last trade - 16.10pm 10/09/2025 (20 minute delay) ?
MCE (ASX) Chart
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