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Imdex Ltd ( (AU:IMD) ) has shared an update.
Imdex Limited has informed the market that 69,750 performance rights under the security code IMDAC have lapsed as of 1 January 2026 because the conditions attached to these rights were not met or became incapable of being satisfied. The cessation of these conditional securities slightly reduces the company’s potential future share dilution under its incentive arrangements, but does not involve any cash outflow or issuance of new shares, indicating a technical adjustment to its capital structure rather than a change in operating strategy.
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 Securities Exchange (ASX)-listed company operating under the code IMD. While this notice does not specify its activities, Imdex is generally known in the market as a mining technology and services provider, supplying equipment, software and drilling solutions to the global resources sector.
YTD Price Performance: 6.98%
Average Trading Volume: 1,049,370
Technical Sentiment Signal: Buy
Current Market Cap: A$1.88B
Find detailed analytics on IMD stock on TipRanks’ Stock Analysis page.