Mets Investor > Leadership

Imdex investors could see tech dividends

Imdex’s (ASX: IMD) largely unquantifiable ability to achieve further significant market breakthroughs with its “real-time subsurface intelligence” technologies holds the key to surges in near and medium-term earnings, and its capacity to generate enough surplus cash for acquisitions and new dividend payments.

Richard Roberts

Mets Investor > Leadership

Imdex investors could see tech dividends

Imdex’s (ASX: IMD) largely unquantifiable ability to achieve further significant market breakthroughs with its “real-time subsurface intelligence” technologies holds the key to surges in near and medium-term earnings, and its capacity to generate enough surplus cash for acquisitions and new dividend payments.

Richard Roberts

Imdex investors could see tech dividends

Rising mineral exploration levels are set to lift Imdex's FY18 revenues

Chairman Anthony Wooles told shareholders at the company's annual general meeting in Perth, Western Australia, it was positioning to renew regular dividends - sustained over much of the global mining sector's last investment boom between 2006 and 2012, when it paid out more than A$45 million - after it followed healthy growth in sales and earnings in its FY2017 with a strong FY18 first quarter.