Articles On Imdex (ASX:IMD)

The Australian share market logged a nine-month high before losing momentum ahead of inflation data and a public holiday later this week. The S&P/ASX 200 touched 7472.8, a level last seen in April, before trimming its rise mid-sessio...

IMDEX (ASX:IMD) has entered into a binding agreement to acquire 35-year-old global mining-tech company Devico for an implied enterprise value of $324 million. The proposed acquisition represents a significant extension of IMDEX’s core busin...

ShareCafeMarkets rally further following employment data: ASX closes 0.61% higher by Peter Milios   The Chief Economist at Betashares, David Bassanese, stated that modest decline in recorded employment during December shows signs of the slo...

IMDEX wants to acquire Norwegian mining tech company Devico  BluGlass says its lasers are exceeding contract manufacturer performance benchmarks Zeotech nabs $1.04 million R&D incentive for carbon utilisation technology   Global mini...

ShareCafeEmployment data boosts ASX up 0.24% at noon to nine-month high by Peter Milios   Australia’s unemployment rate is unchanged from an upwardly revised 3.5 per cent in November. The news resulted in the S&P/ASX 200 reaching 0.24 p...

ShareCafeStocks of the Hour: IMD, PMT, MNB, BLG                    Imdex (ASX:IMD) entered into a binding agreement to acquire Devico AS for an implied enterprise value of A$324 million. Commenting on the news, IMDEX Chief Executive O...

The WA group is funding its biggest ever takeover with a $224m equity raising.

19 Jan 2023 - A snapshot of the stocks on the move featuring Imdex (ASX:IMD), Patriot Battery Metals (ASX:PMT), Minbos Resources (ASX:MNB) and BluGlass (ASX:BLG).

Audiences outraged over the benchmark’s “lacklustre, mediocre performance” today Standout winner Riedel Resources ends the day up by 50% on awesome assays FTX team drowning in irony as ‘hackers’ make off with more than $500 million   The...

The drilling services company is said to be looking to raise $200 million to help buy Norwegian rival Devico.

Drilling services group Imdex has agreed to pay about $330 million for Norway-based Devico and plans to fund it with a $220 million equity raising. 

Self-proclaimed Australian “Mining-Tech” business Imdex is on the acquisition trail.

Weekly broker wrap: insurers more resilient, healthcare picks, contractors remain labour-reliant, classifieds look resilient, retail braces for decline. -Climate resilience supports domestic insurance outlook-Wilsons lists healthcare sector...

Weekly update on stockbroker recommendation, target price, and earnings forecast changes. By Mark Woodruff Guide: The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macqu...

Let’s say you have $1,000 to invest in ASX shares. If you were to buy S&P/ASX 200 Index (ASX: XJO) biotech giant CSL Limited (ASX: CSL), your $1,000 would buy you the grand total of precisely three shares, along with around $120 in cha...

The uncertain investing environment continues to make stock-picking a hazardous task. However, buying ASX shares that represent prudent business models increases the chances of making money in the long run, after riding out shorter-term bu...

In this week’s video insight IMDEX’s (ASX: IMD) CEO Paul House joined Dominic Rose to discuss the businesses recent first quarter FY23 result. The result showed stronger revenue growth than the market was expecting despite all the macro doo...

Investing in small cap mining services stocks can be considered a risky move given their exposure to the never-ending commodities boom and bust cycles, but it can also be a potentially lucrative one if you catch them at the right time.   As...

ShareCafeSemiconductors weigh on Nasdaq: All eyes on US reporting season                    Stocks declined on Monday with the Nasdaq Composite index falling to the lowest level in two years as tech shares, which are sensitive to inte...

Imdex boss Paul House says the drilling technology company has experienced a strong start to the new financial year booking record revenue in the September quarter.

ShareCafeFireworks across global financial markets as macro picture dominates                    Plenty to catch up on this week if you’ve taken the long weekend. Friday’s fireworks on financial markets – especially bonds and currenci...

ShareCafeWebinar Recap – BPH, CUE, TOU & IMD Catch up on the full presentations from BPH Energy (ASX: BPH), Cue Energy (ASX: CUE), TLOU Energy (ASX: TOU) & IMDEX (ASX: IMD) Webinar Recap – BPH, CUE, TOU & IMDCompany News

ShareCafeIMDEX (ASX: IMD) – Webinar Presentation Paul House – CEO – IMDEX is a leading global mining technology company that enables drilling contractors and resource companies to safely find, define and mine orebodies with precision and a...

ShareCafeThe Week that Was – September 12-16, 2022 We at ShareCafe understand you are busy and may not have been left with enough time to keep up with the quality content we’ve been bringing you throughout the week. To make it easier to do...

Pinnacle Investment Management Group Ltd (ASX: PNI) recently held its annual Investment Summit for 2022. At the event, a number of CIOs and portfolio managers from within Pinnacle’s network of affiliated asset managers provided insights....

ShareCafeIMDEX (ASX:IMD) Announces Commercial Contract for Blast Dog Technology IMDEX Limited (ASX:IMD) CEO Paul House discusses FY22 financial and operational highlights, the first commercial contract for Blast Dog, growth opportunities a...

Mining services stocks have returned to the limelight amid the corporate rumblings between Maca, Thiess and NRW Contractors say rates will need to rise to secure increasingly thin skills to service a still growing mining industry We pick f...

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((BPT)) - Beach Energy ((BEN)) - Bendigo & Adelaide Bank ((BSL)) - BlueScope Steel ((CAR)) - Carsales ((CQE)) - Charter Hall Social Infrastructure REIT ((GUD)) - G.U.D...

15 Aug 2022 - A snapshot of the stocks on the move featuring Strike Enegy (ASX:STX), Imdex (ASX:IMD) and Nearmap (ASX:NEA).

A brand new deal with S&P/ASX 200 Index (ASX: XJO) giant Fortescue Metals Group Limited (ASX: FMG) hasn’t been enough to save one All Ordinaries Index (ASX: XAO) share from the red on Monday. Mining services and technology provider I...

ShareCafeStocks of the Hour: 15 August, 2022                    Strike Energy (ASX:STX) today announced that the Walyering gas field has been sanctioned for development by its JV, in which Strike is the operator and owner of a 55 per...

How to hack a Starlink terminal is now open source IMDEX nabs 3-year agreement for its BLAST DOG tech at a WA iron ore mine Aerial imagery player Nearmap receives takeover interest from Thoma Bravo Elon Musk probably isn’t too happy that...

Imdex has struck a three-year, $13 million service agreement with Fortescue Metals Group for its newly-developed mining support technology as the Balcatta-based company unveiled record full-year results.

A sector-leading domestic violence support policy and a pledge to end the gender pay gap are among the entitlements Imdex has introduced to attract and retain workers amid WA’s skills crunch.

23 May 2022 - An overview of the iron ore price, what happened, and what it means for the ASX today, including Fortescue Metals (ASX:FMG), Imdex (ASX:IMD), Mineral Resources (ASX:M…

ASX mining shares were the star performers last quarter, with the basket coming clearly out on top. The S&P/ASX 300 Metal & Mining Index (ASX: XMM) gained 14.7% between December 31 and March 31. The S&P/ASX 200 Materials Inde...

ASX 200 on 7-day consecutive winning streak Tech sector surges Telstra boss quits   The post-Budget day saw ASX 200 finishing higher for the seventh consecutive day, narrowing its loss for the year to only 1%. The benchmark index closed 0...

ASX finished the week on a positive note Bond traders signal RBA rate hike this year Rotation to cyclical sectors in equities Local blue chips traded in positive territory all day and closed 0.26% higher. For the week, the benchmark ASX 2...

It was almost a complete reversal of what happened last week, as commodities tumbled and tech stocks rallied today. The broader ASX 200 index gained 1%, as sentiment shifted towards riskier assets with all 11 sectors in the green. The Tech...

Local shares swung into positive territory following news that French President Macron had brokered a last ditch deal for Putin and Biden to meet on the Ukraine issue. At around 12.15pm AEDT, French media reported that Putin and Biden will...

Local shares fought back in afternoon trading to close by just 0.7% lower, after being down by 1% in morning session. For the week, the ASX 200 was up 0.35%. Investor sentiment was negative throughout the day, amid fears the Russian invasio...

After Omicron reared its head late last year, domestic investors were “anxious and uncertain” heading into the latest round of ASX trading updates, UBS said. But so far, so good. February reporting season is around 20% complete, and the num...

Aussie shares climbed 1.13% higher today, boosted by a tech stock rally. The XIJ tech index rose by more than 4%, buoyed by Nasdaq’s 1% rise overnight and strong earnings results from local stocks. The Financial sector was the other big win...

Miners and Financials lifted local shares today, as the ASX 200 defied Wall Street’s falls overnight to climb 1.07%. In mining, large gold stocks like AngloGold Ashanti (ASX:AGG) bounced back from yesterday’s falls, while iron ore majors li...

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((IMD)) - Imdex ((JHX)) - James Hardie Industries ((JHG)) - Janus Henderson ((NWS)) - News Corp ((REA)) - REA Group Check it out at https://www.fnarena.com/index.php/repo...

The share price of mining technology provider Imdex Limited (ASX: IMD) suffered today following the release of the company’s results for the first half of financial year 2022. As of Monday’s close, the Imdex share price is $2.89, 2.36% low...

Coal miners Yancoal (ASX:YAL) and Coronado Global Resources (ASX:CRN) were the big mining winners as prices for both thermal and coking coal continue to trade around record levels. $2.5 billion capped Coronado soared more than 7% on no news...

Travel and tourism stocks spearheaded a late partial recovery for the stock market after the government announced plans to reopen the international border. The S&P/ASX 200 slashed an early loss of 74 points to nine points or 0.13 per...

The share market retreated as negative US futures and disappointing trading updates from ANZ and fund manager Magellan weighed. The S&P/ASX 200 dropped 18 points or 0.26 per cent by mid-session. Gains in energy and tech stocks wer...

Imdex has lifted first-half net profit by 81 per cent despite noting the pace of its growth continued to be tempered by labour restrictions and longer delivery times for rigs and parts.