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Geo share price ‘disconnected’ from underlying quality – chair

Tim Molloy asks shareholders to approve share-based payments for executives and directors as company seeks to break even.

Geo executive chair Leo Molloy was up for election at the AGM.

Will Mace Tue, 14 Nov 2023

The executive director of NZX-listed Geo has blamed a global downturn in software as a service (SaaS) business valuations for the company’s stock market slide, but also acknowledged it has slumped even lower than its peers.

The company, which serves software used by “tradies, field and home

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Will Mace Tue, 14 Nov 2023
Contact the Writer: william@nbr.co.nz
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Geo share price ‘disconnected’ from underlying quality – chair
Investment,
101667
true