I Purchased recently at $1.08 and looks like $1.40 short term...

  1. dct
    3,506 Posts.
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    I Purchased recently at $1.08 and looks like $1.40 short term move up.
    The market generally doesn't realise how earnings positive the purchase of the divisions from Espreon (EON) will be when it finally happens...it will. EON paid $40m for Billback alone and the corporate services arm is worth about $12m as a standalone business...in other words they will pay $26m for businesses EON has put more than $50m into

    Will add in the order of $6-7m EBIT before synergies...the insiders know hence the chart action of late. RKN only need in the order of $10m debt to do this transaction.

    NPAT is going to be well north of $15m annualised and EBITDA north of $25m
 
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(20min delay)
Last
63.0¢
Change
0.020(3.28%)
Mkt cap ! $71.37M
Open High Low Value Volume
62.3¢ 63.0¢ 62.0¢ $134.8K 216.0K

Buyers (Bids)

No. Vol. Price($)
1 7806 62.5¢
 

Sellers (Offers)

Price($) Vol. No.
63.0¢ 10849 2
View Market Depth
Last trade - 16.10pm 07/08/2025 (20 minute delay) ?
RKN (ASX) Chart
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