Stocks of the Hour: Micro-X, European Metals, Tamboran Resources
A snapshot of the stocks on the move, featuring Micro-X (ASX:MX1), European Metals (ASX:EMH) and Tamboran Resources (ASX:TBN).
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In 1895, X-ray imaging revolutionised the world. What started as a simple idea from Dr. Willem Roentgen, went on to become a tool used across industries around the world. While advances in technology since then have improved the speed and efficacy of X-rays, the application and parameters have remained largely unchanged for almost a century.
As thinkers, creators and innovators, Micro-X saw an opportunity. Their team of engineers, scientists and product developers went back through more than 100 years of X-ray imaging and found the need for a product that was smaller and lighter. This insight transformed into an idea that we now call the Electronic X-Ray Tube. It’s a simple, scalable and repeatable X-ray tube that uses carbon nanotube technology to offer a more stable, yet smaller X-ray tube than ever before.
Micro-X think, create and innovate, and we prove the power of a great idea.
Vision
While we continue to grow, our founding values remain the cornerstone of our organisation to Think, Create and Innovate.
Think
We know our success lies in our people. The people who developed our revolutionary technology. The people passionate about a product that is saving lives. And the people who are committed to empowering other people, businesses, organisations and industries – today and into the future.
Create
Innovation to us means continually rethinking our processes, technology and product vision. We also understand the dynamic interrelationships between these factors. By adopting customer-led, proven and collaborative processes, we can deliver reliable, scalable and cutting-edge technology. It’s this technology that helps us deliver new products that are forever presenting new opportunities and revolutionising industries across the world.
A snapshot of the stocks on the move, featuring Micro-X (ASX:MX1), European Metals (ASX:EMH) and Tamboran Resources (ASX:TBN).
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Peter Rowland - Managing Director - Mirco-X is a leading global revolution company in medical and security imaging products, which designs, develops, and manufactures ultra-lightweight carbon X-ray products for healthcare.
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Peter Rowland - MD - Micro-X Limited designs, develops, and manufactures ultra-lightweight carbon X-ray products for healthcare.
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Peter Rowland - Managing Director - Micro-X Ltd is an award-winning ASX listed x-ray technology company.
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Presenter - Peter Rowland – Managing Director - Micro–X Ltd is an award winning x-ray technology company. Micro–X Ltd is a pioneer of a global revolution in medical and security imaging products using cold cathode x-ray sources.
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At noon, the S&P/ASX 200 is 0.14 per cent higher at 7,324. Suncorp has confirmed that the Australian Competition & Consumer Commission (ACCC) has requested additional time to review ANZ's merger with Suncorp.
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The Buy (Speculative) and $0.61 price target are unchanged. The downside risk is a delay in securing further Nano and Rover orders, cautions the analyst.
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Micro-X has signed its first contract for the Rover worth $1.4m. This was facilitated by the World Health Organisation with units to be sent to a number of Pacific Island nations. The Rover is a more rugged version of the Nano (portable X-ray unit) and designed for extreme operational scenarios, explains Morgans.
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