Articles On Imdex (ASX:IMD)

Shares slumped close to a two-week low, down by 0.4% today  Blackmores received a takeover offer from Japan’s giant, Kirin Export prices rose higher than expected, while import prices were lower than expected   The ASX 200 was down 0.4% o...

ShareCafeNetflix and Morgan Stanley the latest to report earnings                    The S&P 500 finished little changed Wednesday as earnings season kicked into full swing and investors parsed the latest results from companies in...

Extra income is an appetising proposition that is hard to pass up. The idea of getting paid to hold an asset while doing no direct work for it entices many of us who are seeking financial freedom. It’s no wonder ASX dividend shares can oft...

ShareCafeUS stocks fall after release of latest job openings report                    The Dow Jones Industrial Average fell nearly 200 points on Tuesday as traders assessed a spike in oil prices and what that could mean for the globa...

The ASX closed 0.15% higher on Tuesday The Reserve Bank has paused rates today after 10 consecutive hikes The ACCC released its view on proposed ANZ and Suncorp merger   Local shares remained flattish after the Reserve Bank paused its rat...

The ASX was up half a percent on Monday Oil related stocks gained after the surge in oil prices Ship builder Austal down 5% after former execs charged by the SEC   Local shares were up 0.5% on the first day of a new quarter, led by Energy...

It may be April Fool’s Day today but, for investors, share market volatility is no joke.  In the first five weeks of 2023, the S&P/ASX 200 Index (ASX: XJO) notched up impressive gains of more than 7%. But just as investors started to...

ASX climbed 0.7% on Friday, 3% for the week Aussies are better off renting than buying in 90% of suburbs – Corelogic Trump to be arraigned next week   The ASX 200 rallied 0.75% on Friday for a 3% weekly increase. The Mining sector led, wh...

The ASX tracked Wall Street to a 1% rise on Thursday Mining, Tech and Financials led Telstra touched six-year highs   Local shares rose around 1% on Thursday, tracking movements in Europe and Wall Street overnight. The ASX got a boost as...

FNArena's dedicated ESG Focus news section zooms in on matters Environmental, Social & Governance (ESG) that are increasingly guiding investors preferences and decisions globally. For more news updates, past and future: https://www.fnar...

The story below was originally published on 22 March 2023. It has now been re-published to amend information about Lynas Rare Earths and the Science-Based Target Initiative (SBTi). FNArena's dedicated ESG Focus news section zooms in on matt...

ShareCafeThe Week that Was: March 13-17, 2023 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 so, h...

ShareCafeImdex Provides Exposure to Growth in Global Mining Sector by Kevin Bertoli – Portfolio Manager   Introduction Imdex is a leading global mining-technology company that helps drilling contractors find, define and mine orebodies. By p...

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...

ShareCafeWebinar Recap – Shaw and Partners, IMM, RAD, PET & IMD Catch up on the full webinar Shaw and Partners, Immutep (ASX: IMM), Radiopharm Theranostics (ASX: RAD), Phoslock Environmental Technologies (ASX: PET) & Imdex (ASX: IM...

The ASX climbed 0.15% as earnings season continues Australia consumer sentiment lowest in 50 years The crucial US inflation report is due tonight   The ASX climbed 0.15% on Tuesday, with Tech and Comm Services leading the charge. This com...

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((AD8)) - Audinate Group ((AZJ)) - Aurizon Holdings ((BPT)) - Beach Energy ((CAR)) - Carsales ((EDV)) - Endeavour Group ((IMD)) - Imdex ((IAG)) - Insurance Australia Group...

The drilling technology company says the outlook supports the logic behind its $334m buyout of Norwegian firm Devico.

Imdex boss says drilling services supplier sees strong exploration market across the globe after major acquisition Vulcan shares down on release of geothermal lithium DFS Miners fall ~0.4% to start the week   The head of one of Australia’...

There are a handful of very promising S&P/ASX 300 Index (ASX: XKO) shares to consider investing in, according to the fund manager L1 Capital. In its recent monthly update for the listed investment company (LIC) L1 Long Short Fund Lt...

A big week of corporate trading updates looks set for a flat start following a mixed end to Wall Street’s worst week in almost two months. ASX futures closed unchanged as a decline in the Nasdaq offset gains for the Dow and S&P 500 o...

ShareCafeAus dollar increases: ASX closes 0.53% lower by Peter Milios   The Australian dollar has increased by 0.5 per cent due to improved investor sentiment and speculation about a possible interest rate cut by the Chinese central bank. T...

ASX slipped 0.50% on Thursday Utilities sector was dragged down by AGL’s earnings All big four banks raised mortgage rates   The ASX slipped half a percent today, dragged down by AGL Energy (ASX:AGL)’s 10% drop, the stock’s worst day sinc...

IMDEX (ASX:IMD) reported a strong set of 1H23 results, well ahead of consensus with revenue up 18.5 per cent from 1H22 and EBITDA up 21.9 per cent from 1H22.  Despite great results these were overshadowed by IMDEX’s proposed acquisition of...

The hype around artificial intelligence (AI) has never been more palpable. But with most AI companies located outside Australia and even fewer publicly listed, where can investors get a slice of AI stocks on the ASX? We may not have the li...

By Rudi Filapek-Vandyck, EditorAs I traditionally like to remind investors: every corporate results season has its own character and dynamics. The overall macro background, including index level and share price moves, plays an important rol...

After a brutal 2022, it’s no surprise investors are still anxiously obsessed with inflation, interest rates and geopolitics. But the team at QVG Capital is urging investors to forget all that, because there is only one thing that matters t...

In this week’s video insight David takes a closer look at IMDEX’s (ASX:IMD) acquisition of Devico AS.  The strategic combination expands the product suite and client footprint offers extended market presence in key mining regions as well as...

The share market overcame a mid-session wobble to edge to a fourth-straight gain and a fresh nine-month high. The S&P/ASX 200 finished five points or 0.07 per cent ahead at 7457.3 after briefly falling around 18 points. Gains in t...

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...