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 > $3 and most tender IMO

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Comment by MatWeion Sep 30, 2016 9:12am

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Post# 25294216

RE:RE:$3 and most tender IMO

Agreed that an offer of $3-$3.50 is not necessarily what shareholders may accept. I think it is what an acquirer may be willing to pay. (growth in next years is not certain).

And if shareholders aren't willing to accept that price then there is no deal, which is also fine and which happens quite a lot if buyer/seller can't agree on price. It's just that a lof of us here are of the opinion that many shareholders would accept that price.

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