I feel MCE has been over sold since being punted from the ASX index. I have brought in as most major projects oil and gas in Australian region will be offshore due to cheaper royalties, native title problems etc etc that bodes well for MCE.
The new factory in WA is working well and they now have over 50% of market share in industry.
I agree investor news flow is slow at best but expect an update in this months quarterly and AGM early next month will set the scene for the coming year.
WPL has some major projects kicking off and Gorgon and Wheatstone projects will help MCE in the near future....
For me MCE has been over sold and has little debt, plenty of cash and a NTA of $1.17.
Good luck to all holders i feel it is off the radar of brokers and analysts
MCE Price at posting:
74.0¢ Sentiment: Buy Disclosure: Held
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