An update from Infomedia Ltd ( (AU:IFM) ) is now available.
Infomedia Ltd announced a change in the director’s interest notice, revealing that Director Jens Monsees has increased his indirect holdings by acquiring 97,220 fully paid ordinary shares on the market. This acquisition, valued at approximately $139,996.80, reflects a strategic move to strengthen his stake in the company, potentially indicating confidence in Infomedia’s future performance and aligning with shareholder interests.
More about Infomedia Ltd
Infomedia Ltd operates in the technology industry, focusing on providing software solutions for the automotive industry. The company specializes in offering electronic parts catalogues and service quoting systems, catering primarily to automotive manufacturers and dealerships.
YTD Price Performance: -10.86%
Average Trading Volume: 260,189
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$509.2M
Find detailed analytics on IFM stock on TipRanks’ Stock Analysis page.