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L1 Capital Adjusts Substantial Stake in Imdex Ltd
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L1 Capital Adjusts Substantial Stake in Imdex Ltd

Imdex Ltd (AU:IMD) has released an update.

L1 Capital Pty Ltd has reported a series of on-market sales, resulting in a change of their substantial holding in Imdex Limited. These transactions, detailed in Annexure A of the Form 604, occurred between March 21 and April 3, 2024, with the sale of over 5 million dollars’ worth of shares. The notice underscores a significant shift in L1 Capital’s investment in Imdex, reflecting potential strategic changes in their portfolio.

For further insights into AU:IMD stock, check out TipRanks’ Stock Analysis page.

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