tiprankstipranks
Trending News
More News >

State Street Bank Becomes Substantial Holder in Imdex Ltd

Story Highlights
State Street Bank Becomes Substantial Holder in Imdex Ltd

Don’t Miss TipRanks’ Half-Year Sale

The latest update is out from Imdex Ltd ( (AU:IMD) ).

Imdex Ltd has announced a new substantial holder in its company, with State Street Bank and Trust Company and its associates acquiring a significant voting power in the firm. This development indicates a shift in the ownership structure of Imdex Ltd, potentially impacting its governance and strategic decisions, while highlighting the interest of major financial institutions in the company’s operations.

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: 1,545,565

Technical Sentiment Signal: Buy

Current Market Cap: A$1.46B

See more data about IMD stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1