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VEEM managing director Mark Miocevich (left) rang the bell with brother and VEEM chairman Brad Miocevich as the company began trading trading on the ASX for the first time. Photo: Attila Csaszar

VEEM makes solid ASX debut

Marine-focused engineering business VEEM has enjoyed a solid debut on the ASX today, with shares closing 20 per cent higher on its initial public offering price.

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VEEM (VEE)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Top 10 Shareholders

Substantial shareholders as published in the annual report.
Source: Morningstar

Total Shareholder Return as at 31/10/19

1 year TSR5 year TSR
406thVEEM-1%
455thGage Roads Brewing Company-10%-7%
504thZenith Energy-17%
813thTempo Australia-74%-3%
730 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

19/09/18
$15k Bought
07/09/18
$11k Bought
05/09/18
$10k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

45th↑Zenith Energy$55.2m
46th↑VEEM$48.2m
48th↑Tempo Australia$41.7m
49th↑Gage Roads Brewing Company$40.0m
197 listed industrial companies ranked by revenue.
Source: Morningstar

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