IMD 0.00% $2.51 imdex limited

Ann: Macquarie Australia Conference Presentation 2024, page-2

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  1. 7,832 Posts.
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    I understand the market is selling this company off on lower core business growth, however you can't just pretend that they never acquired Devico.

    https://hotcopper.com.au/data/attachments/6155/6155911-ae851573fa86fa9c96b469a2d646ffa1.jpg
    They gew at 14% on the top line, and have 10% gearing.

    Gold, Copper and Iron Ore are trending back up, so is lithium. If you aren't going to look at buying Imdex now, you probably never will. Headwinds will become tailwinds again.
 
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