hi guys X-ray wt will be down to 70kgs, what’s implication for...

hi guys
X-ray wt will be down to 70kgs, what’s implication for emv? Do we need to worry about it?

ScoPo’s powerplay
Power’s pick for the week is Micro-X(ASX:MX1), the Adelaide-based mobile X-ray company.The company’s cold cathode X-ray technology reduces the weight of an X-ray machine from 500kg to 70kg, Power said.As well as mobile X-ray devices for hospital bedsides and field hospitals, Micro-X is developing counter-IED scanner for the US military; a prototype airport self-service screening project; and a minaturised brain imaging stroke diagnosis device for ambulances.“It’s homegrown Australian technology, products manufactured in Australia, selling to customers in Australia and around the world,” Power said.This week Micro-X announced cash receipts of $1.6 million for the second quarter, with a net cash outflow of $2.5 million.Mx1 shares were trading at 35.5c on Friday, down 4.1 per cent for the week, giving Micro-X a capitalisation of around $128 million.Morgans rates the company as a speculative buy with a price target of 50c.A key short term price catalyst is a decision on a grant application from the Australian Stroke Alliance, as well as more orders for its Nano and Rover mobile X-ray unitsFor next week, Power says he’ll be watching