So we’re now sitting on a M.C. of $96million just after MYOB lobbed a takeover offer at $180 million. This was rejected on competition grounds by the ACCC as MYOB and Reckon have control of the market for Accounting Practice Management software. Since then there have been no downgrades or material changes to this business. So that leaves the private equity owner of Quicken-HIG Capital or Xero as the obvious candidates to take this out. I cannot see how this can stay at such a low market cap much longer?
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Last
51.5¢ |
Change
-0.025(4.63%) |
Mkt cap ! $58.34M | |||
| Open | High | Low | Value | Volume |
| 56.0¢ | 56.0¢ | 51.5¢ | $41.56K | 78.01K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.0¢ | 9931 | 1 |
View Market Depth
| Last trade - 14.23pm 29/07/2025 (20 minute delay) ? |
| RKN (ASX) Chart |