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Managing director Bernie Ridgeway.

Mining upswing lifts Imdex

The share price of Balcatta-based Imdex hit its highest level in four years today after the mining equipment and technology company reported a strong improvement in earnings.

The stock jumped 6 cents to 86 cents, a level not reached since mid-2013.

Managing director Bernie Ridgeway said the company exceeded its financial targets for the year to June 2017.

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Imdex (IMD)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/08/17

1 year TSR5 year TSR
185thImdex38%-6%
717 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

24/10/16
$15k Bought
18/10/16
$1.0m Bought
17/10/16
$15k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

th-Imdex$176.4m
230 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from Imdex

51stBernie Ridgeway$1.042m
119thSven Maikranz$756k
218thDerek Loughlin$558k
Ranked by total remuneration from all listed WA companies

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