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Norwood Systems chief executive Paul Ostergaard.

Monteray raises $5.5m for Norwood takeover

The company behind the reverse takeover of local cloud-based technology company Norwood Systems has raised $5.5 million in an oversubscribed share offer.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 30/11/18

1 year TSR5 year TSR
175thAssembleBay18%-40%
556thStrategic Elements-38%0%
569thNorwood Systems-40%8%
834thWangle Technologies-85%-32%
741 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

27/11/18
$0 Other
15/06/18
$0 Issued
15/06/18
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

151st↓Norwood Systems$1.3m
153rd↑Wangle Technologies$1.2m
154th↓AnaeCo$1.2m
156th↑Strategic Elements$1.1m
157th↑AssembleBay$1.0m
239 listed industrial companies ranked by revenue.
Source: Morningstar

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