Capital Network analyst on MTI Wireless Edge's water management acquisition
Capital Network analyst Ed Stacey discusses MTI Wireless Edge Ltd's (LON:MWE) decision to buy a 50% stake in one of the main resellers of its Mottech Water Solution in Australia.
The addition of Parkland Australia for up to AU$0.8mln is expected to enhance earnings and offer potential to grow both revenue and profit.
Quick facts: MTI Wireless Edge Limited
Market Cap: £20.18 m
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