IMD News: Could The Market Be Wrong About Imdex Limited (ASX:IMD) Given Its Attractive Financial Prospects? - 21st Mar 2023, 8:47am

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It is hard to get excited after looking at Imdex's (ASX:IMD) recent performance, when its stock has declined 17% over the past month. However, stock prices are usually driven by a company’s financial performance over the long term, which in this case looks quite promising. In this article, we decided to focus on Imdex's ROE.

Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. Simply put, ...

>>> Read more: Could The Market Be Wrong About Imdex Limited (ASX:IMD) Given Its Attractive Financial Prospects?
 
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