RKN 2.78% 52.5¢ reckon limited

Ann: Notice of Annual General Meeting/Proxy Form, page-2

  1. 655 Posts.
    lightbulb Created with Sketch. 78
    With the share price performance not sure why they want director to be re-elected and have remuneration report?

    I know there was capital return in 2023, but how dumb it was that they couldn't pay off all the debt at a time when interest rates are so high but instead paid all cash to shareholder and themselves. In this company insider has roughly 10% of the company but again what benefit it created to remaining 90% by not paying down debt and keep paying high interest rates to banks/debtor whoever is lending them !

    Hope their US business actually produce something in next reporting season.

    https://hotcopper.com.au/data/attachments/6190/6190499-e31d93c148b703e055dd857e09aea00a.jpg
 
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