Australia's Imdex falls most in over 5 weeks on subdued forecast

Imdex

15/08/2022 03:33

** Shares of mining tech co Imdex Ltd  IMD.AX  fall as much
as 7.4% to A$1.88, eyeing their worst session since July 6
    ** IMD expects to temper activity in near-term  urn:newsml:reuters.com:*:nASX1Dy12Q
    ** Expect workplace absenteeism to continue to impact labour
availability- co
    ** Co sees reduced labour availability impacting ability to
maximise drilling programs
    ** Shares hit their lowest levels since Aug. 8
    ** Stock down 31.2% this year as of last close

 (Reporting by Anan Ashraf in Bengaluru)
 ((Anan.Ashraf@thomsonreuters.com;))