Australia's Micro-X surges on $2.2 million Malaysian government order

Micro-X

03/10/2025 01:44

** Shares of Micro-X MX1.AX rise 32.5% to A$0.110, their highest level since April 12, 2024

** Medical technology company says it has been awarded a government purchase order to supply the Malaysian Government with Rover Plus Mobile DR X-ray units

** The A$3.3 million ($2.18 million) order given to its Malaysian distributor, Integrated Medical System

** Stock posts its biggest intraday pct gain since July 30

** Nearly 2 million shares change hands, compared with the 30-day average volume of 400,410

** MX1 nearly flat YTD

    ($1 = 1.5149 Australian dollars)

(Reporting by Adwitiya Srivastava in Bengaluru)

((Adwitiya.Srivastava@thomsonreuters.com))