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The latest update is out from Micro-X Ltd. ( (AU:MX1) ).
Micro-X Ltd. announced its plans to issue 26,666,667 new ordinary fully paid securities as part of a placement or other type of issue, scheduled for February 12, 2025. This move is likely aimed at raising capital to support the company’s ongoing operations and growth strategies, potentially enhancing its market position and offering new opportunities for stakeholders.
More about Micro-X Ltd.
Micro-X Ltd. operates in the technology and manufacturing industry, specializing in the development and production of innovative X-ray imaging products. The company focuses on leveraging its unique carbon nanotube technology to create portable and efficient imaging solutions for medical and security markets.
YTD Price Performance: -2.50%
Average Trading Volume: 488,047
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$45.53M
For detailed information about MX1 stock, go to TipRanks’ Stock Analysis page.
