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Imdex signs definitive agreement for Flexit acquisition

West Perth-based drilling products company Imdex Ltd has announced the conditions of its $22 million acquisition of privately-owned Swedish borehole survey systems supplier Flexit AB and Flexit Navigation AB.

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Imdex (IMD)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/12/18

1 year TSR5 year TSR
138thSchaffer Corporation23%24%
207thLycopodium5%6%
220thImdex2%12%
407thCTI Logistics-24%-17%
716 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
237 listed industrial companies ranked by revenue.
Source: Morningstar

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