Hi Liverman This is my take: Clever core tech of miniaturized x-ray generation using carbon nano technology. Application has multiple verticals of which only one is currentl commercialized in medical portable X-ray. Has just had a massive pump in the arm with COVID sales jump to help with what was sluggish entry into the market. Military version a few months off being in the market with customers lined up. Airport screening and security product in development with major partner Thales involved and second grant fro UK airports in play. Management has been a bit inexperienced and made a few mistakes but recent board and secretary changes should help that improve. Engineering team is A class and manufacturing team is ex automotive with excellent quality and efficiency pedigrees. Recent capital raise has added to manufacturing capacity and stock levels to support existing order delivery and growth of Nano. Other future verticals on the table are backscatter X-ray vision applications for bomb detection, portable medical imaging (stroke and other applications). This uses reflected X-rays for imaging.
LT growth story in short. When SP has jumps it is also a trade opportunity. Recent raising was at 14c with mixed success but included retail SH for the first time.
MX1 Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held
