TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Imdex Ltd ( (AU:IMD) ) has shared an update.
Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in Imdex Ltd, following a series of transactions involving the purchase of securities by an entity controlled by Morgan Stanley. This change in substantial holding could impact Imdex’s shareholder structure and influence its market dynamics, potentially affecting investor sentiment and company operations.
The most recent analyst rating on (AU:IMD) stock is a Hold with a A$3.55 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 Ltd is a company operating in the mining industry, providing drilling technology and services. Their primary products and services focus on enhancing drilling productivity and efficiency, catering to the needs of mining companies globally.
Average Trading Volume: 1,402,497
Technical Sentiment Signal: Buy
Current Market Cap: A$1.75B
Find detailed analytics on IMD stock on TipRanks’ Stock Analysis page.