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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 29/06/18

1 year TSR5 year TSR
194thImdex64%15%
292ndCTI Logistics29%-5%
304thFinbar Group27%2%
501stEmpired-6%-3%
522ndSwick Mining Services-9%-4%
722 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

32nd↑Imdex$176.4m
34th↑Empired$167.9m
35th↓CTI Logistics$158.4m
37th↑Swick Mining Services$130.0m
38th↑Finbar Group$125.8m
239 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from Imdex

40thBernie Ridgeway$1.042m
96thSven Maikranz$756k
184thDerek Loughlin$558k
Ranked by total remuneration from all listed WA companies

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