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Micro-X Ltd. Announces New Share Issuance on ASX

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Micro-X Ltd. Announces New Share Issuance on ASX

Micro-X Ltd. ( (AU:MX1) ) has shared an update.

Micro-X Ltd. announced the issuance of 8,836,524 fully paid ordinary shares, which will be quoted on the ASX. This move is part of previously announced transactions and could potentially strengthen the company’s financial position, enhancing its market presence and providing additional resources for growth and development.

More about Micro-X Ltd.

Micro-X Ltd. operates in the technology sector, focusing on the development and production of innovative imaging products. The company is known for its advanced X-ray imaging solutions, catering primarily to the medical and security industries.

YTD Price Performance: -22.50%

Average Trading Volume: 353,633

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: A$39.81M

For a thorough assessment of MX1 stock, go to TipRanks’ Stock Analysis page.

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