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.

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Reckon Ltd > Last shakedown

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Comment by kevinNashon Jul 06, 2016 7:08am

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Post# 25026309

RE:Last shakedown

The company hasn't delivered and low volume has made it easy for the SP to be thrown around by short traders. End of story. The next 2 quarters might finally show a turnaround if the costs of their Orga aquisition drops substantially. They also have to prove that this aquisition was even worthwhile. IE, show me the money. Beyond this, the company has miserably failed at protecting their shreholder's value with a 52 week high of 5.23 and a low of 1.33.

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