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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 28/02/19

1 year TSR5 year TSR
123rdPacific Energy28%12%
299thZenith Energy-6%
405thThe Go2 People-22%
516thDreamscape Networks-39%
542ndMerchant House International-42%-2%
730 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

15/11/18
$8k Bought
12/11/18
$51k Bought
09/11/18
$55k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

41st↑Pacific Energy$68.8m
42nd↑Merchant House International$64.5m
43rd↑Dreamscape Networks$61.7m
44th↑Zenith Energy$51.6m
45th↑The Go2 People$45.5m
199 listed industrial companies ranked by revenue.
Source: Morningstar

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