Geo: too small to be listed, too tightly held

Geo: too small to be listed, too tightly held
Geo executive chair Tim Molloy says even writing NZX notices takes significant time. (Image: Geo)
Rebecca Stevenson
Listed software company Geo could save up to $380,000 annually by delisting from the New Zealand stock exchange and free up about 400 hours of management time, its executive chair, Tim Molloy, says. The company, which provides mobile-based software for trades and home businesses, said on Monday it would hold a shareholder meeting on Jan 23 and seek approval to remove itself from the New Zealand stock exchange (NZX).It said it had little liquidity in its shares so trading of shares was infrequent, meaning its listed valuation was lower...

More Markets

NZX 50 stumbles as Ebos losses mount
Markets Market Close

NZX 50 stumbles as Ebos losses mount

The NZX 50 has erased Monday's gains. 

Gregor Thompson 09 Sep 2025
Most Asian markets rise on US rate hopes
Markets

Most Asian markets rise on US rate hopes

Investors are awaiting the release of fresh data on prices this week.

AFP 09 Sep 2025
No big NZ cuts amid 'Nuno-geddon': ANZ NZ
Finance

No big NZ cuts amid 'Nuno-geddon': ANZ NZ

ANZ Group chops thousands of staff, contractors, but no big cuts in NZ. 

Andy Macdonald 09 Sep 2025
Vista's new shareholders revealed
Markets

Vista's new shareholders revealed

Flurry of NZX notices show who's been buying Vista shares – and selling too.