Matrix Composites & Engineering (ASX:MCE) has received a letter from the ASX asking for information about the change in their securities' price and the increase in volume traded from 6 to 9 February 2023.
Matrix responded that it's not aware of any information concerning them that has not been announced to the market that could explain the recent trading, and that it's in compliance with the Listing Rules.
The company also mentioned its secured a large binding purchase order and there has been increased investor interest following the announcement of that news.
Matrix Composites & Engineering's share price is up nearly 24% the past 5 days.