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Imdex Ltd ( (AU:IMD) ) has shared an announcement.
Mitsubishi UFJ Financial Group, Inc. has become a substantial holder in Imdex Limited, acquiring a significant voting power of 5.40% through various fully paid ordinary shares. This development indicates a strategic move by Mitsubishi UFJ Financial Group to strengthen its influence and stake in Imdex, potentially impacting the company’s market dynamics and stakeholder interests.
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: 1,170,253
Technical Sentiment Signal: Buy
Current Market Cap: A$1.36B
See more data about IMD stock on TipRanks’ Stock Analysis page.