GeoOp went public in 2013, selling shares at $1 apiece in an initial public offering. Its presentation notes included the bullet point: "Migrating and delisting from NZAX to ASX to improve liquidity and access to capital". ​GeoOp's products include GeoServices, for mobile workforce and job management, and GeoSales, a mobile sales workforce management app, and it is soon to launch its GeoCare mobile human services management tool. The company said today it had pushed out the settlement date for Sydney-based investor Kestrel Capital to pay A$1.2m as part of the placement agreement. GeoOp said it now has five institutional investors after shares were sold by its former chief executive and director Leanne Graham, and co-founder Simon Fraser.

Source: New Zealand Herald March 26, 2017 23:10 UTC