Australia's Micro-X rises on government purchase order

Micro-X

20/09/2023 02:12

** Shares of Micro-X Ltd  MX1.AX  rise as much as 8.7% to
A$0.125, their highest level since Aug 31
    ** Medical equipment maker says received purchase order
valued A$1.5 mln ($968,400.00) from the Australian government
    ** Adds purchase order for Micro-X Rover systems, due to be
delivered in early October
    ** Nearly 609,500 shares change hands, 2.2x the 30-day
average volume of 282,152 shares
    ** Stock down 11.5% this year, as of last close

($1 = 1.5489 Australian dollars)

 (Reporting by Shivangi Lahiri in Bengaluru)
 ((Shivangi.Lahiri@thomsonreuters.com;))