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An update from Matrix Composites & Engineering Ltd ( (AU:MCE) ) is now available.
Matrix Composites & Engineering Ltd has disclosed a change in director Brendan Cocks’ interests, with the grant of 1,519,680 performance rights and 563,948 options at no cash consideration. The new securities, comprising FY24 and FY25 performance rights and FY24 options, were issued as part of the company’s incentive arrangements and did not involve any on-market trading, signalling ongoing alignment of executive remuneration with company performance and shareholder interests.
The most recent analyst rating on (AU:MCE) stock is a Hold with a A$0.22 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 is an Australian company listed on the ASX, operating in advanced materials and engineering solutions, with a focus on manufacturing composite products and related technologies for industrial and energy sectors.
Average Trading Volume: 148,378
Technical Sentiment Signal: Sell
Current Market Cap: A$55.05M
Find detailed analytics on MCE stock on TipRanks’ Stock Analysis page.