GEO - GeoOP - Work Management Software

[Stranger_Danger]

Good not great. Interesting to know what fy15 will come in at. Might be near $1M depending on the next few months which means growth near 200%. Strange they didn't publish the subs.

They might in the next announcement.

My prediction. Three bits of positive news, then a capital raising, within a month.

(No inside knowledge. Just a cynical guess)

[Balance]

Wow, $1M in AR. Considering VML did this in one contract and PAY has over $1.6M in HY this makes the revenue vs cashburn rate HORRENDOUS.

Wonder how much Weldon will be stumping up in the next CR?

Very very strange that the announcement is from Leanne Graham, CEO of GeoP? I thought she resigned in September?

Weldon is too busy now with MediaWorks to be concerned about GeoP.

Problem for him this time round is that he is the Chairman, and is totally identified with the formation and IPO of GeoP. Cannot run away and hide like he did when DIL blew up after listing,.

[BFG]

Graham reassigned herself to a more specific US role.

[Harvey Specter]

Very very strange that the announcement is from Leanne Graham, CEO of GeoP? I thought she resigned in September?.

I assume she retains the title until they find a replacement.

[Balance]

Graham reassigned herself to a more specific US role.

Announcement in September is clear : "GeoOp's Chairman Mark Weldon says, "Leanne led the company through its
transition from a private company to a successful listing on the NZAX in 2013
and under her leadership GeoOp has continued to grow. Leanne has built a
strong team of executives around her and has made a significant contribution
to GeoOp in her time as Chief Executive. She moves into her new role to
accelerate development of the important US market."

So why issue a statement in her name as CEO?

BTW, nothing surprising about Leanne leaving GeoP - Weldon's track record at NZX is there for all to see.

[Balance]

I assume she retains the title until they find a replacement.

GeoP's ability to attract a suitable CEO with great credentials and ability is highly questionable imo.

Factors (all negative) to consider :

1. First job is to do a capital raise - a yucky job given how badly investors have been burnt in the IPO so far.

2. Putting up with Mark Weldon and his ego - few executives lasted at NZX.

[Kiwi]

What's happening to this Company, down to $0.37 today. Must be getting to a point of being a bargain buy. I seem to remember Diligent being at 10 cents once upon a time. Anybody thinking of taking a bundle of these?

[winner69]

What's happening to this Company, down to $0.37 today. Must be getting to a point of being a bargain buy. I seem to remember Diligent being at 10 cents once upon a time. Anybody thinking of taking a bundle of these?

Does seem a long way down from $3.50 odd

Getting back to those levels would be a ten bagger, nice

Something to aim for kiwi

[Kiwi]

Does seem a long way down from $3.50 odd

Getting back to those levels would be a ten bagger, nice

Something to aim for kiwi

Certainly could be a good start for 2015.

[BFG]

What's happening to this Company, down to $0.37 today. Must be getting to a point of being a bargain buy. I seem to remember Diligent being at 10 cents once upon a time. Anybody thinking of taking a bundle of these?

It can also go to zero. That's more likely right now than $3.50! Expect a cap raise sooner rather than later. That cash burn rate is absolutely horrendous relative to sales. Weldon being onboard and CEO diwngrading herself as well do not bode well!