Australia's Micro-X hits 2-1/2-month high on U.S. govt contracts

Micro-X

29/09/2021 04:13

** Shares of the medical equipment maker  MX1.AX  rise as
much as 9.38% to A$0.350, hitting the highest since July 9
    ** Co's U.S. unit signs a contract with the U.S. Department
of Homeland Security for up to about $2.5 mln to design an
airport passenger self-screening portal  urn:newsml:reuters.com:*:nASX99rRSv
    ** Co to also design a miniature X-ray baggage scanner,
which may become the key component in the portal, under a
separate contract for up to about $1.5 mln  urn:newsml:reuters.com:*:nASX1XnF0c
    ** More than 1 mln shares trade hands, 3.4x the 30-day avg
volume
    ** Up to last close, stock down 9.86% YTD

 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))