UPDATE: Gentrack chairman says its a long-term game to win back investor confidence

Wed, 26 Nov 2014

(Adds IPO cost detail in 2nd graph, clarifies shortfall of IPO forecast in 3rd graph) By Fiona Rotherham Nov. 27 (BusinessDesk) - Gentrack Group chairman John Clifford said the software company’s share price, still trading 35 cents below its listing price, will take care of itself once it starts delivering projected profits over time. The Auckland-based company, which develops utilities and airports software, posted a 49 percent drop in annual profit, ahead of its most recent guidance in August. Net income declined to $3.4 million, or...

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