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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 > What am I missing? Seriously...I want to know.
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Comment by factRbeston Feb 23, 2017 5:22pm
195 Views
Post# 25885697

RE:What am I missing? Seriously...I want to know.

RE:What am I missing? Seriously...I want to know.palekaiko - (2/23/2017 4:54:36 PM)
What am I missing? Seriously...I want to know.
I'm not an investor per se, just a  holder of RKN.. I read everyone's posts here with great interest but sometimes I just don't grasp what's behind the vitriol and pessimism. I feel like there is a danger here that I'm underestimating (oh, I know it's bad, but HOW bad?)
I'd love to get some feedback on my simplistic view of what's been happening to RKN these past few months/years, and hopefully learn something...I'm always ready to learn.

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There is no way to put a value on the pre buyout shares.
1 shares was worth the value of the company divided by the OS.

That is not the case so how do you give it a $ value.
The one thing the market does not like is uncertainty and RKN is dripping with it.

This last announcement doesn't provide any certainty, the exact opposite really.

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