MX1 1.52% 6.5¢ micro-x limited

Nano-x exhibiting as well. As per usual, it seems like smoke and...

  1. 500 Posts.
    lightbulb Created with Sketch. 50
    Nano-x exhibiting as well. As per usual, it seems like smoke and mirrors - doesn't seem like they have anything physical to show, only a 'virtual experience'.

    They claim to be ready to release a commercial product in 2022, but there is nothing but cartoons to be shown. They seem to be burning US$42M per year,

    They also have a pending shareholder class action for making misleading claims about their FDA clearance status to be registered with the courts in December. I don't know what that will cost them in terms of money if the class action rules against them - seems to be around around 30% loss in share price (or 30% falsely inflated price) as a result of the allegedly false statements. It'll certainly lower the shareholder confidence though.
    Last edited by n8th8n: 19/11/21
 
watchlist Created with Sketch. Add MX1 (ASX) to my watchlist
(20min delay)
Last
6.5¢
Change
-0.001(1.52%)
Mkt cap ! $37.80M
Open High Low Value Volume
6.3¢ 6.5¢ 6.1¢ $78.72K 1.256M

Buyers (Bids)

No. Vol. Price($)
2 169261 6.4¢
 

Sellers (Offers)

Price($) Vol. No.
7.0¢ 28571 2
View Market Depth
Last trade - 15.53pm 16/08/2024 (20 minute delay) ?
MX1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.