Investor deep dive
MTI Wireless Edge eyes potential from 5G implementation
MTI Wireless Edge Ltd's Richard Bennett details investment in Parkland Australia
MTI Wireless Edge Ltd's (LON:MWE) Richard Bennett adds some detail to their recent investment into one of the main resellers of its Mottech Water Solution in Australia.
They've agreed to buy a 50% stake in Parkland Australia for up to AU$0.8mln, paid out of existing cash resources.
Bennett says it's expected to enhance earnings and offer potential to grow both revenue and profit.
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