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Imdex finalises Poly-Drill acquisition

West Perth-based drilling products company Imdex Ltd is back on the acquisition trail, has finalised its $3.5 million payment to fully acquire Canada-based drilling fluid based system manufacturer Poly-Drill Drilling Systems Ltd.

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Imdex (IMD)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/08/18

1 year TSR5 year TSR
76thSchaffer Corporation133%33%
235thLycopodium30%4%
266thImdex24%10%
321stCTI Logistics14%-9%
737 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

13/11/17
$0 Other
13/11/17
$0 Other
24/10/16
$15k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

27th-Schaffer Corporation$227.2m
28th↑Imdex$218.6m
30th↑Lycopodium$192.7m
31st↑CTI Logistics$184.2m
237 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from Imdex

36thBernie Ridgeway$1.042m
86thSven Maikranz$756k
174thDerek Loughlin$558k
Ranked by total remuneration from all listed WA companies

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