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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$3.02

Hard to know - but I suspect it will be more a case of lack of...
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Last
$3.02 |
Change
-0.020(0.66%) |
Mkt cap ! $1.555B |
Open | High | Low | Value | Volume |
$3.02 | $3.04 | $3.01 | $232.6K | 77.05K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 8745 | $3.02 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.03 | 3608 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 6489 | 3.020 |
12 | 8478 | 3.010 |
13 | 22566 | 3.000 |
10 | 5930 | 2.990 |
12 | 31542 | 2.980 |
Price($) | Vol. | No. |
---|---|---|
3.030 | 5166 | 21 |
3.040 | 10753 | 13 |
3.050 | 6574 | 11 |
3.060 | 28332 | 10 |
3.070 | 91163 | 8 |
Last trade - 10.38am 01/08/2025 (20 minute delay) ? |
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IMD (ASX) Chart |