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 > Another insider blowing out shares

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Comment by QUANTUMJUMPon Mar 08, 2017 1:00pm

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Post# 25951744

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Another insider blowing out shares

factRbest wrote: QUANTUMJUMP - (3/8/2017 11:55:20 AM)
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Another insider blowing out shares
I appreciate some of the clarity you have given as this went down
Vishal dumped 400k + shares at $1
I am thinking he is raising money to get in on the PP
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If its a rights offering then he has reduced his eligiblity as you need shares to receive rights.

That said, the SP will usually drop to the RO price and sometimes below it.
If one is active in trading they can usually take advantage of this.