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VEEM's gyrostabilisation units are considered to be world-leading technology.

Veem IPO wins strong support

Marine manufacturing firm VEEM has raised $25 million from its initial public offering, with its stock expected to start trading on the ASX later this month.

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VEEM (VEE)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/01/18

1 year TSR5 year TSR
342ndNearmap20%60%
411thDreamscape Networks7%0%
446thTech Mpire0%-6%
450thMareterram0%163%
544thVEEM-14%0%
709 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

52nd↑Mareterram$50.7m
53rd↑Dreamscape Networks$46.5m
54th↑VEEM$41.2m
55th↑Nearmap$40.7m
56th↑Tech Mpire$37.2m
234 listed industrial companies ranked by revenue.
Source: Morningstar

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