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Reckon Ltd T.RKN


Primary Symbol: RKNLF

Technology Software - Application
Reckon Limited is an Australia-based software company that provides software for accountants, bookkeepers, lawyers, small and medium enterprises (SMEs) and personal users. The Company’s divisions include Business Group and Legal Practice Management Group. Business Group provides accounting and payroll software for small to larger sized businesses and personal wealth management software branded as Reckon One, Reckon Mobile and Reckon Accounts Hosted (cloud products), Reckon Accounts Business and Reckon Accounts Personal respectively. The divisions operate predominantly in Australia and New Zealand. Legal Practice Management Group provides practice management software and workflow solutions to legal firms for document scanning and routing, print management and cost recovery solutions under the nQZebraworks brand, with a focus on releasing new cloud practice management products. It operates predominantly in the United States and United Kingdom, with re-sellers in other parts of the world.


OTCPK:RKNLF - Post by User

Reckon Ltd > More than a month under the 200dma
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Comment by kevinNashon Sep 29, 2016 2:14pm
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Post# 25291673

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:More than a month under the 200dma

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:More than a month under the 200dmaYou have outlined some reasonable reasons.  Also, many traders are technical traders.  If the aquiring company wants their offer to be taken seriously, they certainly don't want to the market share price to pop do they?  Oh look it's popping today....  If this pops to 2.70s an offer at 3 is going to look awfully lame wouldn't it?
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