Australia's largest stock trading and investment forum Australia's #1 stock forum

MX1

Click for more information

7.14%

6.5¢ micro-x limited

Ann: Quarterly Cash Flow & Business Update, page-8

First 8 Last

Share
Profile

Follow
Majora69

8 Posts.

1

04/02/20

12:03

Post #: 42734941
Share

Originally posted by team12: ↑

Well this is a pointless echo chamber. Too many Hotcopper threads are people suggesting it's undervalued and top-ups are required.

Here's how I see it, and I want to be overly negative just to stir some debate:

- Massively disappointing sales of the Nano. Incredibly so. These things were meant to be running out the doors.
- The progression of other projects remains expensive and slow and we don't really know much about what will come out of it. The word military means unlimited money in many people's eyes but can the company stay afloat while it gets there?
- Thank goodness for R&D rebates.

In all fairness, this is now a $35M market cap company that has at least a year of runway. It's not a bad bet to see what will happen given the timeframe, but I don't see tremendous upside at all. Upside, but not much beyond 2-3x bag? Thoughts?

Expand

The stock is at 13.5c... theres only upside from here.... Now is the best time to buy mx1 as theres been little news and hedge fund selling has suppressed stock to these levels . Once more guidance and information is released Be greedy when everyones fearful.

MX1 Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

OJC

SPC to merge with Original Juice Co and Nature One Dairy

COB

Cobalt Blue sees A$60M price tag for Kwinana, WA refinery – but $68M value for stage one

There are more pages in this discussion • 5 more messages in this thread...

First 8 Last

Add MX1 (ASX) to my watchlist

(20min delay)
Last 6.5¢		Change -0.005(7.14%)		Mkt cap ! $37.80M

Open	High	Low	Value	Volume
6.5¢	6.5¢	6.5¢	$777	11.95K

Buyers (Bids)

No.	Vol.	Price($)
3	30616	6.5¢

Sellers (Offers)

Price($)	Vol.	No.
7.0¢	96000	1

View Market Depth

No.	Vol.	Price($)
3	30616	0.065
4	72656	0.064
1	54892	0.063
1	16129	0.062
3	124200	0.060

Price($)	Vol.	No.
0.070	96000	1
0.090	10000	1
0.094	49001	2
0.110	151000	2
0.115	394499	1

Last trade - 10.45am 02/10/2024 (20 minute delay)

MX1 (ASX) Chart