RKN 0.93% 53.5¢ reckon limited

Ann: NOV: Sale of Reckon Ltd shares and Redemption of $10.5m Bond, page-12

  1. 339 Posts.
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    NOV move was surprising I would have gladly picked up all the RKN I could at 40cents!!!
    As it stands, I had to pay 55 to top up.

    Might not be exciting, but is attractively priced for a tech stock, and I like the trimmed down Reckon (Business + Legal) as both get more focus with the practice group. Legal still a few years off being a cash cow - but they have shown they are patient, and willing to invest.

    Expect dividend to increase next year as debt has been fully repaid (why this year only 2.5c, after 2.7m debt repayment).
 
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53.5¢
Change
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Mkt cap ! $60.61M
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54.0¢ 54.0¢ 53.5¢ $9.738K 18.08K

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No. Vol. Price($)
1 3853 53.5¢
 

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54.5¢ 30000 1
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Last trade - 14.19pm 13/05/2024 (20 minute delay) ?
Last
53.5¢
  Change
-0.005 ( 0.93 %)
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54.0¢ 54.0¢ 53.5¢ 468
Last updated 14.05pm 13/05/2024 ?
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