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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

Price: 33 GBX

AIM:MWE
Market: AIM
Market Cap: £29 m
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