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An update from Imdex Ltd ( (AU:IMD) ) is now available.
Imdex Ltd has become a substantial holder of shares in First Sentier Investors Holdings Pty Limited, a company indirectly owned by Mitsubishi UFJ Financial Group (MUFG). This development indicates a significant shift in shareholding, with Imdex Ltd holding a relevant interest in 27,618,893 fully paid ordinary shares. The announcement highlights the strategic positioning of Imdex Ltd in the investment landscape, potentially impacting its market influence and stakeholder relationships.
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: 1,179,791
Technical Sentiment Signal: Buy
Current Market Cap: A$1.36B
For detailed information about IMD stock, go to TipRanks’ Stock Analysis page.