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An announcement from Matrix Composites & Engineering Ltd ( (AU:MCE) ) is now available.
Matrix Composites & Engineering Ltd announced the cessation of certain securities due to unmet conditions, impacting 2,535,614 options and 1,364,429 performance rights. This development may influence the company’s capital structure and stakeholder interests, reflecting challenges in meeting predefined conditions for these securities.
The most recent analyst rating on (AU:MCE) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Matrix Composites & Engineering Ltd stock, see the AU:MCE Stock Forecast page.
More about Matrix Composites & Engineering Ltd
Matrix Composites & Engineering Ltd operates in the engineering sector, specializing in the production of advanced composite materials and engineering solutions. The company primarily focuses on serving the oil and gas industry, providing products that enhance operational efficiency and safety.
Average Trading Volume: 414,709
Technical Sentiment Signal: Hold
Current Market Cap: A$58.19M
For a thorough assessment of MCE stock, go to TipRanks’ Stock Analysis page.