SLI CEO Ryan bemoans low share price, says it should be $2-plus

Tue, 25 Aug 2015

By Suze Metherell Aug. 25 (BusinessDesk) - SLI Systems chief executive Shaun Ryan says the company's share price is "significantly underpriced" and could be at least four times higher based on other public software-as-a-service valuations. The Christchurch-based company's share price has sunk about 42 percent since the start of the year, closing at a record low 70 cents yesterday, less than half its offer price of $1.50 in 2013 and not quite a quarter of the $2.85 high in January 2014. The stock is the second-best performer on the NZX m...

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