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Micro-X Ltd. ( (AU:MX1) ) just unveiled an announcement.
Micro-X Ltd announced a delay in submitting an Appendix 3Y to the ASX due to an administrative oversight related to the issuance of shares to Non-Executive Director Ilona Meyer. The company reassures stakeholders that it has adequate arrangements to ensure future compliance with ASX Listing Rules. This announcement highlights Micro-X’s commitment to transparency and regulatory compliance, which is crucial for maintaining investor confidence and supporting its strategic initiatives in expanding its market presence.
The most recent analyst rating on (AU:MX1) stock is a Buy with a A$0.17 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 Limited is an Australian hi-tech company listed on the ASX, specializing in the development and commercialization of innovative products for global health and security markets. Utilizing proprietary cold cathode, carbon nanotube emitter technology, Micro-X produces x-ray products that are significantly smaller, lighter, and more power-efficient, enhancing mobility and usability in traditional x-ray markets and creating new security applications. The company operates a fully integrated design and production facility in Adelaide, Australia, and has a growing presence in the US market.
Average Trading Volume: 489,209
Technical Sentiment Signal: Buy
Current Market Cap: A$70.12M
For detailed information about MX1 stock, go to TipRanks’ Stock Analysis page.