Imdex Acquisition Targets Sticky, High-Margin Digital Revenue -- Market Talk
Dow Jones
Jul 28, 2025
0040 GMT - Imdex's acquisition of Earth Science Analytics is in line with its strategy, "and management are clearly enthused," Euroz Hartleys says in a note. The objective for the Australian mining technology company is significant growth in digital revenue, earnings from which can be sticky, scalable, dependable and high margin, says the broker. "Proof, as always, will be in delivery," it says. Imdex is up 2.1% at A$2.97/share. Euroz Hartleys has a buy rating and A$3.14 target on the stock. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)
(END) Dow Jones Newswires
July 27, 2025 20:40 ET (00:40 GMT)
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