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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.