UPDATE Wynyard shares extend gain to new record after 2013 sales meet forecast

Sun, 12 Jan 2014

By Paul McBeth Jan. 13 (BusinessDesk) - Shares of Wynyard Group extended their recent rally to a new record after the intelligence software developer said it met its forecast sales target of $21.5 million last year. The shares rose as high as $2.10, and recently traded at $2.05, up 7.9 percent on the day. That adds to last week’s surge of some 64 percent and values the company at $210.3 million. The Auckland-based company, which was spun out Jade Software last year, today said annual sales rose more than 62 percent revenue in 2013. It also...

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