From today's trading update announcement (MD = Microdevices):
'The biggest item to impact the MD business has been the application of one of the Company’s sensors towards a COVID-19 detection solution. Over US$2.0m of new orders were obtained over the past two months for development and delivery of these sensors. The Company is still in preproduction and expects to improve yield and ramp this product into full production throughout FY21. More information will be disclosed as the company makes progress, as this can have a material impact on its efforts to make MD profitable.'
SE1 Price at posting:
3.5¢ Sentiment: Buy Disclosure: Held