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Valmec in $5m raising

Engineering and construction group Valmec has tapped investors for $5.1 million through a strongly supported share placement that will strengthen the company’s balance sheet.

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Valmec (VMX)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/12/18

1 year TSR5 year TSR
221stEuroz2%5%
224thPioneer Credit2%
331stValmec-11%-9%
562ndVeris-45%1%
716 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

24/12/18
$13k Bought
27/11/18
$13k Bought
17/10/18
$14k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

36th↑Veris$106.8m
37th↑Valmec$106.1m
40th↑Euroz$92.1m
41st↑Pioneer Credit$81.5m
237 listed industrial companies ranked by revenue.
Source: Morningstar

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