MCE matrix composites & engineering limited

why did max begley buy into elk

  1. cya
    3,836 Posts.
    ELK have just secured a Co2 supply for their Wyoming Grieve filed that holds 20 M barrels of light sweet crude

    Max B bought into ELK in sept 2010 and now owns 5%

    ELK needs a 3 mile Co2 pipeline built and 60M worth of plant

    The enhanced oil recovery market in Wyoming is booming it would seem a natural area of expansion for Matrix to enter the US oil services market

    The background is on the ELK thread (its one of those rare occasions you can legitimately cross thread discussions)

    thoughts?
 
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
22.5¢
Change
0.005(2.27%)
Mkt cap ! $50.35M
Open High Low Value Volume
23.0¢ 23.0¢ 22.5¢ $25.38K 110.3K

Buyers (Bids)

No. Vol. Price($)
5 138904 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
23.0¢ 89785 1
View Market Depth
Last trade - 11.15am 12/09/2025 (20 minute delay) ?
MCE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.