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Imdex Ltd ( (AU:IMD) ) just unveiled an update.
Imdex Ltd has announced a change in the substantial holding of its voting shares, with Mitsubishi UFJ Financial Group, Inc. now holding a significant interest. This change reflects an increase in Mitsubishi UFJ Financial Group’s voting power from 5.40% to 6.41%, indicating a strategic move that could impact Imdex Ltd’s shareholder dynamics and influence future corporate decisions.
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: 1,117,951
Technical Sentiment Signal: Buy
Current Market Cap: A$1.32B
Learn more about IMD stock on TipRanks’ Stock Analysis page.