Just getting your opinions on XRF Scientific. Listed two days ago on the ASX at 20c. Been as high as 26.5c since then.
They make spectrometers, chemicals, fusion equipment, and heating technology products for the mining, oil and gas, pharmaceutical and construction industries.
As I understand it, the "jewel in the crown" is a revolutionary new way to test the grading of mineral samples that is relatively cheap and very accurate.
They are looking at going o/seas to expand this product. Dividend expected in April next year.
With the resource boom the way it is - there should be plenty of demand in it. The last foray I made into a company that made fusion equipment was Vision systems - I hope this ends up doing half as well!!!
Would be interested on what others think about the share (particularly yours YTrader - as mining seems to be your area).