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Imdex Ltd ( (AU:IMD) ) has provided an update.
Imdex Limited has notified the ASX of a change in director Anthony Wooles’ indirect interest in the company’s ordinary shares, lodged via an Appendix 3Y. Wooles, through entities AEW Holdings Pty Ltd and the A & A Super Fund, has adjusted his holdings via an on-market trade at $3.51 per share, resulting in a revised total indirect holding of 1,267,310 shares under AEW Holdings and 132,690 shares under the super fund. The disclosure reflects routine compliance with ASX corporate governance requirements on director shareholdings, providing transparency to investors regarding insider equity positions and any shifts in board members’ financial exposure to the company.
The most recent analyst rating on (AU:IMD) stock is a Buy with a A$4.20 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-listed company that operates in the mining and resource exploration services sector, providing drilling optimisation technologies, equipment and associated solutions to exploration and mining companies globally. Its products and services focus on improving drilling efficiency, data acquisition and decision-making for resource projects, serving a customer base across major mining regions.
Average Trading Volume: 1,143,697
Technical Sentiment Signal: Buy
Current Market Cap: A$1.76B
For detailed information about IMD stock, go to TipRanks’ Stock Analysis page.