MX1 0.00% 8.7¢ micro-x limited

Ann: MX1 - Strategy Refresh Presentation, page-13

  1. 2,423 Posts.
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    Unfortunately what they do is not necessarily what is required. Mx1 have a long history of very long delays only to find once they have a product they have trouble selling it.

    Go back 6 years when they were on the "brink" of commercialisation and where we are at with the Xray machine
    https://hotcopper.com.au/threads/an...on-update-k-number-received-from-fda.3297957/

    I was an investor then, only to return a few years later when they actually sold something only to be disappointed with sales performance.

    If that's too far back for you, go to the March 22 investor call at 7:35 min (https://micro-x.com/investor-call-recordings/quarterly-investor-call-6/) and you will hear it's almost the same as the last one, 5 quarters later regarding Argus.

    These guys have serious problems and we have been continuously kept in the dark.

    They talk a great story for future projects but when it comes to commercial times they have been very disappointing
 
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