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Bernie Ridgeway says he now has more confidence in Flexidrill’s technology.

Imdex plans $NZ40m acquisition

Mining equipment supplier Imdex expects it will be able to deliver substantial productivity benefits to its clients after striking an option agreement over New Zealand company Flexidrill.

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Imdex (IMD)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 30/11/18

1 year TSR5 year TSR
93rdSchaffer Corporation41%27%
136thImdex25%14%
158thLycopodium22%7%
429thCTI Logistics-19%-15%
741 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

16/11/18
$0 Issued
16/10/18
$310k Sold
13/11/17
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

26th↑Schaffer Corporation$227.2m
27th↑Imdex$218.6m
29th↑Lycopodium$192.7m
30th↑CTI Logistics$184.2m
239 listed industrial companies ranked by revenue.
Source: Morningstar

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