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Imdex Ltd ( (AU:IMD) ) has shared an update.
Imdex Ltd has announced that Australian Retirement Trust Pty Ltd, acting as trustee for the Australian Retirement Trust, has become a substantial holder in the company as of July 1, 2025. The trust now holds a 5.033% voting power in Imdex Ltd through its acquisition of 25,759,052 fully paid ordinary shares. This development signifies a notable increase in institutional investment in Imdex Ltd, potentially impacting the company’s strategic direction and shareholder dynamics.
The most recent analyst rating on (AU:IMD) stock is a Buy with a A$2.25 price target. To see the full list of analyst forecasts on Imdex Ltd stock, see the AU:IMD Stock Forecast page.
More about Imdex Ltd
Average Trading Volume: 1,189,631
Technical Sentiment Signal: Buy
Current Market Cap: A$1.36B
Learn more about IMD stock on TipRanks’ Stock Analysis page.