MX1 7.14% 6.5¢ micro-x limited

Ann: Micro - X - Nano shipment and reduction in backlog, page-7

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  1. 198 Posts.
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    if you look at monthly rate, future orders etc...i assume yearly revenue will be in the line of 6 million which puts the SP somewhere in the range of 20-25 cents...the fact that they are filling existing orders at pace of 500k/month is good progress....the fact that they have enough capital in the kitty to invest in business for growth is a plus....if you are expecting huge upswing in weeks, it will not happen..however i do see this getting to 20+ cents in the next quarter or so...
 
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