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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 30/11/18

1 year TSR5 year TSR
62ndSeafarms Group66%12%
210thVEEM9%
247thFFI Holdings5%2%
498thThe Go2 People-30%
741 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

50th-The Go2 People$45.5m
51st↑VEEM$41.7m
54th↑Seafarms Group$36.1m
55th↑FFI Holdings$35.4m
239 listed industrial companies ranked by revenue.
Source: Morningstar

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