Imdex (ASX:IMD) are a leading global mining equipment, technology and services (METS) company. Their solutions improve the process of identifying and extracting what is below the earth’s surface for drilling contractors and resource companies.
Andrew Smith is the Head of Smaller Companies and Microcaps for Perennial Value. Both the Perennial Value Small Companies and Micro Opportunity Trusts own Imdex shares.
Key points in the video;
- Strong gross margins driving earnings.
- How are Imdex priced in relation to the commodity cycle.
- Catalysts for further upside.
- Key risks to monitor.
- Strong balance sheet