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Cirrus managing director Matt Sullivan.

Cirrus makes Melbourne acquisition

IT company Cirrus Networks has entered into an agreement to acquire Melbourne-based NGage Technology Group in a cash-and-scrip deal worth $2.5 million.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Top 10 Shareholders

Substantial shareholders as published in the annual report.
Source: Morningstar

Total Shareholder Return as at 31/10/19

1 year TSR5 year TSR
46thCirrus Networks150%6%
313thJoyce Corporation9%32%
330thValmec6%10%
612thNeptune Marine Services-36%-26%
730 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

27/08/19
$210k Bought
26/07/19
$88k Bought
14/12/18
$20k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

35th↑Valmec$110.4m
36th↑Joyce Corporation$105.0m
37th↑Cirrus Networks$88.1m
38th↑Neptune Marine Services$85.4m
39th↑Kresta Holdings$76.3m
197 listed industrial companies ranked by revenue.
Source: Morningstar

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