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Reckon Ltd T.RKN


Primary Symbol: RKNLF

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

Comment by MatWeion Sep 28, 2016 3:30pm
49 Views
Post# 25287339

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

RE:RE:RE:RE:RE:More than a month under the 200dmaExactly, what I meant was that its probably cheaper to offer specific key individuals and execs buy out packaages that will cover the value gap of their shares versus offering a higher buy out price per share that an acquirer would then have to pay for all the outstanding shares.  

So long as shareholders are willing to accept the offer, acquirer comes out on top.  I come down firmly on the side of those who think most outstanding shareholders would accept a $3.50 offer. 

kevinNash wrote: I wasn't referring to salaries, that's relatively minor.  It's more about how many shares each executive owns and in the case of Lucas, does he want to actually give up his baby?


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