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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 31/12/18

1 year TSR5 year TSR
thThe Agency Group Australia-98%-57%
490thMatrix Composites & Engineering-34%-13%
538thMCS Services-43%-45%
723rdAlexium International Group-67%-7%
735thDTI Group-68%
716 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

09/01/19
$3k Bought
08/01/19
$46 Bought
07/01/19
$10k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

68th↓Matrix Composites & Engineering$20.5m
69th↑DTI Group$19.9m
70th↑Alexium International Group$19.9m
72nd-MCS Services$19.1m
73rd↑The Agency Group Australia$16.8m
237 listed industrial companies ranked by revenue.
Source: Morningstar

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