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WestStar shares gained ground on news of the acquisition.

WestStar buys local business

Precast concrete business WestStar Industrial has acquired a recently formed Perth concreting business in an all-scrip deal worth about $2.2 million.

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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
169thAlterra75%6%
371stNuheara15%10%
496thWestStar Industrial-4%-54%
715thAlgae.Tec-45%-32%
790thRewardle Holdings-67%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

26/06/18
$2k Bought
06/06/17
$456k Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

100th↑WestStar Industrial$4.6m
111th↑Nuheara$2.9m
112th↓Algae.Tec$2.8m
114th↓Alterra$2.7m
115th↓Rewardle Holdings$2.6m
239 listed industrial companies ranked by revenue.
Source: Morningstar

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