Hard to know - but I suspect it will be more a case of lack of bad news. If everything is running to plan, that makes IMD extremely undervalued, especially with gold doing well. MC should be roughly $100m minimum I think, and more once the oil and gas divs are sold. I personally want IMD to go back to being a focussed business (on minerals), rather than a bigger business, and to focus on their ROA adjusted for R+D cost metrics, or something like that. And keep adding to their market lead, and keep experimenting with new products in that market as well.
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IMD
imdex limited
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$3.16

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Last
$3.16 |
Change
-0.080(2.47%) |
Mkt cap ! $1.617B |
Open | High | Low | Value | Volume |
$3.16 | $3.21 | $3.13 | $3.165M | 1.000M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 4470 | $3.14 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.16 | 62451 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 4470 | 3.140 |
1 | 321 | 3.110 |
1 | 3267 | 3.060 |
3 | 5663 | 3.000 |
1 | 3000 | 2.990 |
Price($) | Vol. | No. |
---|---|---|
3.160 | 62451 | 1 |
3.190 | 5888 | 1 |
3.230 | 15716 | 2 |
3.250 | 45000 | 1 |
3.270 | 60000 | 1 |
Last trade - 16.10pm 07/08/2025 (20 minute delay) ? |
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IMD (ASX) Chart |