GetSwift Ltd Responded to ASX Price Query

  • Jul 27, 2018 AEST
  • Team Kalkine
GetSwift Ltd Responded to ASX Price Query

ASX Price Query: GetSwift Ltd (ASX: GSW), a logistics management software company that provides a cloud-based software-as-as-service (SaaS) platform, witnessed a stock price fall of 6.67% on July 27, 2018 after the company responded to ASX Price Query. GSW helps the businesses in streamlining the organisation’s logistics, optimization of delivery routes, automation of the delivery dispatch process and provides real time tracking alerts through mobile to both the sender and the receiver. ASX in the letter to GSW asked about recent rise in price and rise in the volume of trading of GSW’s stock as on 26 July, 2018. GSW responded to this query and said that the company is not aware of any information that led to rise in price and trading in the company’s shares. Meanwhile, GSW stock has risen 9.76% in three months as on July 26, 2018.

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