MCE matrix composites & engineering limited

Strong USD impact

  1. 562 Posts.
    lightbulb Created with Sketch. 22
    Any additional insights on how a weaker AUD and stronger USD might affect earnings and cash flow? I assume contracts are priced in USD, though public announcements don't make this clear.

    In a 2013 announcement, they mentioned that 'a continuing weakening of the AUD relative to the USD is strongly beneficial to Matrix’s longer term competitiveness in the global market, and will benefit the company’s financial performance in future years"
    Last edited by fs0010: spelling 30/12/24
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
27.5¢
Change
0.025(10.0%)
Mkt cap ! $60.42M
Open High Low Value Volume
28.5¢ 29.5¢ 27.0¢ $316.3K 1.122M

Buyers (Bids)

No. Vol. Price($)
4 223155 27.0¢
 

Sellers (Offers)

Price($) Vol. No.
27.5¢ 6237 1
View Market Depth
Last trade - 11.13am 29/07/2025 (20 minute delay) ?
MCE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.