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An update from Micro-X Ltd. ( (AU:MX1) ) is now available.
Micro-X Ltd has issued 2,255,927 fully paid ordinary shares under its incentive plan, expanding its share capital as part of its employee and executive remuneration structure. The company has confirmed that the shares were issued without a prospectus in reliance on existing disclosure provisions, and that it remains compliant with financial reporting and continuous disclosure obligations, with no additional material information required by investors to assess the company or the rights attached to the new shares, supporting transparency for existing and prospective shareholders.
The most recent analyst rating on (AU:MX1) stock is a Buy with a A$0.16 price target. To see the full list of analyst forecasts on Micro-X Ltd. stock, see the AU:MX1 Stock Forecast page.
More about Micro-X Ltd.
Micro-X Ltd (ASX: MX1), based in South Australia’s Tonsley Innovation District, operates in the technology and manufacturing sector, focusing on advanced X-ray and imaging solutions using innovative cold cathode X-ray technology. The company targets medical, security and defence markets with lightweight, portable imaging systems designed to disrupt conventional radiography and scanning applications.
Average Trading Volume: 323,010
Technical Sentiment Signal: Sell
Current Market Cap: A$63.7M
See more insights into MX1 stock on TipRanks’ Stock Analysis page.