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Matrix to pursue contract payment

Local manufacturer Matrix Composites & Engineering lost a fifth of its value on the ASX today after announcing it had received a cancellation notice for two contracts worth a combined $US21.8 million ($A30.5 million).

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/06/18

1 year TSR5 year TSR
289thMatrix Composites & Engineering30%-7%
518thAtlas Pearls and Perfumes-8%-10%
540thXRF Scientific-10%-9%
677thMCS Services-35%-7%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

09/03/18
$19k Bought
09/03/18
$19k Bought
12/12/17
$0 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

61st↓Matrix Composites & Engineering$33.2m
70th↑XRF Scientific$21.5m
71st↑migme$21.5m
73rd↓Atlas Pearls and Perfumes$18.2m
74th-MCS Services$18.1m
239 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from Matrix Composites & Engineering

182ndAaron Begley$557k
649thPeter Hood$122k
1050thCraig Duncan$73k
Ranked by total remuneration from all listed WA companies

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