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Micro-X Ltd. ( (AU:MX1) ) has shared an update.
Micro-X Limited has announced a proposed issue of securities, totaling up to 86,943,428 ordinary fully paid shares, through an accelerated non-renounceable entitlement offer and a placement. This strategic move is anticipated to bolster the company’s capital resources, potentially enhancing its market position and operational capacity, thereby impacting stakeholders positively.
More about Micro-X Ltd.
Micro-X Limited operates within the medical technology industry, focusing on the development and production of innovative X-ray imaging products. The company is known for its advanced X-ray imaging solutions, which aim to enhance diagnostic capabilities in healthcare settings.
YTD Price Performance: -2.50%
Average Trading Volume: 473,426
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$45.53M
See more data about MX1 stock on TipRanks’ Stock Analysis page.