The agreement included milestone payments, varex buying a stake in mx1, and appointment of a vertex member on the board. I don't believe there is licence payments. MX1 benefits from the exposure of the technology, experience of varex, etc.
There is some exposure to risk if Varex were to exploit the relationship. However, the medical sales have been sluggish, so not much to lose, and Varex products don't directly compete. The real gains will come from CT scanner, baggage scanner and bomb disposal units. One day...
The agreement included milestone payments, varex buying a stake...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MX1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
8.0¢ |
Change
-0.002(2.44%) |
Mkt cap ! $46.48M | |||
| Open | High | Low | Value | Volume |
| 8.0¢ | 8.2¢ | 8.0¢ | $17.70K | 220.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 161174 | 8.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.1¢ | 198279 | 1 |
View Market Depth
| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| MX1 (ASX) Chart |