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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 29/06/18

1 year TSR5 year TSR
154thZenith Energy87%0%
289thMatrix Composites & Engineering30%-7%
567thAdmedus-13%-13%
627thVEEM-24%0%
738thYowie Group-50%0%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

16/05/18
$25k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

54th↑VEEM$41.2m
61st↓Matrix Composites & Engineering$33.2m
62nd↑Zenith Energy$31.4m
65th↑Admedus$11.7m
67th↑Yowie Group$25.3m
239 listed industrial companies ranked by revenue.
Source: Morningstar

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