Microsaic Share Price (MSYS)

Dr Chris Potts brings over 20 years of senior executive and chair experience of international technology businesses.

Loads of experience. Will be interesting to see what role he will bring. Not clear on that from this but there are indications through his existing roles.

He is presently Chair of proSapient Ltd, a world leading service company based in the UK, with offices in the US, Canada and Portugal, utilising artificial intelligence technology to search for and engage experts who can assist in due diligence processes for leading global management consultancies and private equity firms.

He is also Chair of Zytronic plc; a UK based manufacturing company which supplies sophisticated touch screen technology to a global market. Before that, he was Chair of Guralp Systems limited, a UK based firm which designs, manufactures, and installs seismic sensors for customers globally, for nine years.

Tbf this could be a 10 bagger

Has the IP and contacts to do something v special here

Ground floor opportunity

More sales to come; orders placed in Kuwait and possibly more in Qatar.

They are developing their equipment, which will definitely bring in more new business around the world.

(The Microsaic PFAS analysis system (based on our MiD4500 mini mass spectrometer) is market leading and the only truly mobile unit 'point of use' system in the world for PFAS detection and measuring systems.)

Look forward to hearing more on this and other developments

As of June 30, 2024, the company reported a cash balance of £982k, an increase from £587k in H1 2023, and it is currently debt-free.

Additionally, the company raised £1.8 million in equity funding in January 2024 and received a £262k R&D tax reclaim from HMRC, which contributed to its improved cash position.

Looks solid

Since I bought them I've spelt bagger with a U as the first vowel, but here's hoping.