MX1 3.70% 5.6¢ micro-x limited

Ann: MICRO-X BUSINESS UPDATE, page-7

  1. 182 Posts.
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    You mainly own the 30% of XinRay to protect your IP, correct, because they own it?That’s correct, yes, and because they’re a strategic technology partner so having a seat on the board and steering their fortunes is good practice to protect a key partnership.

    So XinRay owns the IP, they're a STP..and yet we sell out the 30% for inventory/stock supply? Where do we now stand on IP? What if they take their "bat and ball" home?

    There better be a really good strategic partnership or corporate activity to make this stock anything other that a money sucking chasm ;-(

    Sentiment is hold...only because there's a small chance that I wont have to crystallise my losses!

    DYOR IMHO yadda yadda..
 
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