MX1 7.14% 6.5¢ micro-x limited

Ann: Appendix 4C - quarterly, page-2

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  1. 11,229 Posts.
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    Highlights of strong MX1 Quarterly:

    • FDA 510(k) Clearance of the Rover received in July 2020 - commercially available in the United States
    • $2.1M of Nano units built and shipped to customers during the Quarter
    • Significant increase in Nano production and inventory to meet further COVID-19 demand
    • Removed backlog of Nano orders – now able to meet < 4 week delivery times
    • Nano Orders of $0.2M for July to date
    • Submission for $14.6M of funding to develop Stroke Diagnostic Imaging technology
    • $15m Capital raise completed – including new institutional investors
    • Closing cash balance of $18.3M, expected to fund the company into 2022

    Plenty of positive/upbeat forecasts with various projects in the pipeline/progressing during 2020/21 clear.png

    https://www.asx.com.au/asxpdf/20200722/pdf/44kqp21z63y060.pdf

    DYOR as always
 
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