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Imdex Ltd ( (AU:IMD) ) just unveiled an announcement.
Mitsubishi UFJ Financial Group, Inc. has become a substantial holder in Imdex Ltd, acquiring a significant voting power through its interests in Morgan Stanley and First Sentier Group Limited. This development indicates a strategic positioning by Mitsubishi UFJ Financial Group, Inc. to influence Imdex Ltd’s operations, potentially impacting the company’s future decisions 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: 1,066,784
Technical Sentiment Signal: Buy
Current Market Cap: A$1.4B
See more insights into IMD stock on TipRanks’ Stock Analysis page.