Tim Levy says proceeds from the placement will support ​​expansion into the New Zealand market. Photo: Attila Csaszar

$5m tech placements

Technology companies Syntonic and Family Zone Cyber Safety are planning to grow their respective international customer bases after announcing separate $5 million share placements today.

Perth-based Family Zone will issue about 8 million shares at 60 cents each and received strong demand from sophisticated and institutional investors.

BW Equities and Morgans Financial acted as joint lead managers to the placement.


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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 30/11/17

1 year TSR5 year TSR
64thFamily Zone Cyber Safety241%0%
475thMejority Capital0%-8%
649thSterling Plantations-31%-29%
740thRobo 3D-50%-19%
727 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar


123rd↓Sterling Plantations$2.3m
124th↓Mejority Capital$2.3m
125th-Family Zone Cyber Safety$2.3m
127th-Robo 3D$2.0m
231 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from Family Zone Cyber Safety

319thCrispin Swan$417k
834thJohn Sims$154k
1156thTim Levy$77k
Ranked by total remuneration from all listed WA companies

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