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Imdex Ltd ( (AU:IMD) ) just unveiled an announcement.
Imdex Limited has disclosed a change in the interests of director Anthony Wooles, following the lodgement of a formal notice with the ASX. The notice records an indirect disposal of 500,000 ordinary shares, executed via entities associated with Wooles, at an average price of $3.92 per share between 8 and 14 April.
After the transactions, Wooles’ indirect holding in Imdex has been reduced from 1,267,310 to 767,310 ordinary shares across two controlled entities. The update reflects routine governance and transparency obligations for director dealings, providing shareholders and the market with clear visibility over changes in substantial insider holdings.
The most recent analyst rating on (AU:IMD) stock is a Buy with a A$4.60 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
Imdex Limited is an Australian company listed on the ASX that operates in the mining and resources technology sector. It provides drilling fluids, downhole instrumentation, and data solutions that support exploration and production activities for mining and energy companies globally, with a focus on enhancing drilling efficiency and geological data quality.
Average Trading Volume: 1,177,211
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$2B
Find detailed analytics on IMD stock on TipRanks’ Stock Analysis page.