Jan 19 (Reuters) - Imdex Ltd (IMD) :
- IMDEX ENTERS BINDING AGREEMENT TO ACQUIRE DEVICO
- IMPLIED ENTERPRISE VALUE OF A$324 MILLION
- DEVICO IS EXPECTED TO DELIVER CY2022 REVENUE3 OF A$61 MILLION AND CY2022 EBITDA3 OF A$29 MILLION
- INTENDS TO RAISE UP TO A$224 MILLION VIA AN UNDERWRITTEN INSTITUTIONAL PLACEMENT
- IMDEX INTENDS TO RAISE UP TO A$224 MILLION (BEFORE COSTS) VIA AN UNDERWRITTEN INSTITUTIONAL PLACEMENT
- ACQUISITION IS EXPECTED TO BE EPS ACCRETIVE FROM FIRST FULL YEAR OF OWNERSHIP, BEFORE POTENTIAL SYNERGIES
- PROPOSING TO UNDERTAKE A CONDITIONAL PLACEMENT OF APPROXIMATELY A$3 MILLION TO CERTAIN IMDEX DIRECTORS
- UP TO A$224 MILLION EQUITY RAISING CONSISTING OF AN INSTITUTIONAL PLACEMENT, ENTITLEMENT OFFER AND CONDITIONAL PLACEMENT
- UNDERTAKING A FULLY UNDERWRITTEN PLACEMENT TO ELIGIBLE INSTITUTIONAL INVESTORS TO RAISE A$75 MILLION AT AN ISSUE PRICE OF A$2.20 PER NEW SHARE
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Last
$2.98 |
Change
0.070(2.41%) |
Mkt cap ! $1.525B | |||
| Open | High | Low | Value | Volume |
| $2.96 | $2.99 | $2.91 | $1.713M | 576.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 122 | $2.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.98 | 3059 | 1 |
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| Last trade - 16.16pm 28/07/2025 (20 minute delay) ? |
| IMD (ASX) Chart |