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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 > Explain to me
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Comment by kevinNashon Jan 03, 2017 9:23am
105 Views
Post# 25660889

RE:RE:RE:RE:RE:Explain to me

RE:RE:RE:RE:RE:Explain to meClearly recent trading is a reflection of "market reaction" of investors/traders judging the qualitly of the deals but volume hasn't been high enough to make it completely convincing in this regard. It hasn't been a convincing condemnation because we had to deal with tax sell off season and still the volume hasn't been overwhelming. Underlying this overall investors' judgement of the deals is ESW's involvement/influence on share price.  

ESW has clearly been shorting RKN for months in an attempt to manipulate share price and investor's sentiment while taking a major position and control of the company.  See how they bashed the Constellation deal down?  They attacked and aquired even a larger position.  

I agree with you it isn't a great deal but at least some more clarity is coming for everybody. Let's just hope ESW is going to be honest about making a go of this and not wanting to play games behind the scenes. 
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