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OTOC chief executive officer Simon Thomas.

OTOC buys surveying business for $12m

Shares in Perth-based contractor OTOC have surged on news it is looking to expand its presence on the east coast with the acquisition of Sydney-based Geo-Metric Surveying for up to $12 million.

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Veris (VRS)

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
262ndJoyce Corporation1%36%
377thSwick Mining Services-11%-5%
550thVeris-37%3%
741 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

22/11/18
$360k Bought
21/11/18
$90k Bought
09/11/18
$62k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

35th↑Swick Mining Services$138.2m
36th↑Veris$106.8m
38th↓Quintis$97.4m
39th↑Joyce Corporation$97.3m
238 listed industrial companies ranked by revenue.
Source: Morningstar

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