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Datatel founders Paul Johnson (left) and Wayne Hogan. Photo: Attila Csaszar

SCEE buys Datatel for $17m

Shares in Southern Cross Electrical Engineering surged on news the company has entered into an agreement to buy a local telecommunications contractor in a deal worth up to $17.2 million.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Top 10 Shareholders

Source: Morningstar

Total Shareholder Return as at 30/04/19

1 year TSR5 year TSR
418thSouthern Cross Electrical Engineering-20%3%
445thEmeco Holdings-25%-4%
448thPeet-25%-1%
700thWellard-62%
729 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

09/10/18
$12.5m Sold
04/09/18
$0 Issued
04/09/18
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

14th↑Emeco Holdings$383.2m
15th↑Southern Cross Electrical Engineering$351.3m
17th↓Wellard$297.4m
18th↑Peet$287.6m
198 listed industrial companies ranked by revenue.
Source: Morningstar

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