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Mark Evans says the acquisition is strategically important for Dreamscape.

Dreamscape buys Singapore firm for $30m

ASX-listed tech firm Dreamscape Networks has entered into an agreement to acquire a Singapore-based hosting and domain services business for about $30 million in cash and scrip.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/06/18

1 year TSR5 year TSR
70thGage Roads Brewing Company164%-9%
289thMatrix Composites & Engineering30%-7%
384thFFI Holdings12%9%
567thAdmedus-13%-13%
709thDreamscape Networks-43%0%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

08/05/18
$48k Bought
01/03/18
$197k Bought
01/03/18
$197k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

53rd↑Dreamscape Networks$46.5m
60th-FFI Holdings$34.3m
61st↓Matrix Composites & Engineering$33.2m
64th↑Gage Roads Brewing Company$28.5m
65th↑Admedus$11.7m
239 listed industrial companies ranked by revenue.
Source: Morningstar

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