TechnologyOne Responds to Shareholder Enquiries - AFR report on GMT Research
BRISBANE, 13 July 2020 – TechnologyOne notes a research report was published by GMT
Research that makes claims about the company’s audited results, which was quoted in the
Australian Financial Review (AFR) today.
GMT Research spent only 30 minutes with us, so we are very surprised with their limited
knowledge that they would have published a report in the first place, and more importantly
without verifying the accuracy of the report with us. TechnologyOne was at no time shown
TechnologyOne confirms that the claims made in the AFR by GMT Research are false and
TechnologyOne unreservedly stands 100% behind our Audited Accounts as being a true and
accurate reflection of our business over the last 21 years.
TechnologyOne will refer this matter to Australian Securities and Investment Commission
TechnologyOne has provided Guidance for the full year and remains committed to this
courtesy of Bell Direct
( DYOR )
i hold TNE (' free-carried ' )