Imdex & Capral don't impress

Uncapped 100 stocks Imdex and Capral both failed to meet already downbeat expectations for their results today, sending their shares plunging in morning trade.

Emerging materials stocks on the Uncapped 100 that reported results this morning have knocked some wind out of the sector’s recovery efforts as their earnings and outlook failed to meet expectations.

Drilling services and products group Imdex (IMD) tumbled 8.6% to 69.5 cents, while aluminium products company Capral fell 21.1% to 15 cents in the first half an hour of trade.



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