RAK Rakon

**Muse** · 13-10-2021, 03:53 PM

Originally Posted by Rawz

Down 5% today. What kind of sick joke is this?

Haha oh dear. Box of chocolates…

**SPC** · 13-10-2021, 03:53 PM

Just normal 'oscillations' with this stock.

**nztx** · 13-10-2021, 06:32 PM

Originally Posted by Rawz

I tried to limit buy at $1.12 and just missed out. Very painful watching it go up and up and up up up up uppppp

Have now put in a market buy.. knowing my luck it will pullback just as my order is filled..

Huh - aren't you only about 14 days behind the SP action ?

If you hold your horses it just may come back to meet you ..

**Shareguy** · 13-10-2021, 07:00 PM

I think it’s just a breather and the rise to $2 will continue. Still good volume. I’m expecting some disclosure notices coming out soon.

**winner69** · 30-10-2021, 03:17 PM

Heard that RAK current share price still shy of the $1.60 initial public offering price back in 2006 and well off the $5.80 peak a year later.

So not really blue sky ahead - its been there before - just recovering its former glory

**nztx** · 30-10-2021, 05:24 PM

Is a dividend on the horizon yet .. or still too soon ?

**winner69** · 30-10-2021, 05:56 PM

Originally Posted by nztx

Is a dividend on the horizon yet .. or still too soon ?

Don’t think dividend is a word Rakon knows

Anyway why would they want to pay a divie?

**Muse** · 30-10-2021, 06:03 PM

Originally Posted by winner69

Don’t think dividend is a word Rakon knows

Anyway why would they want to pay a divie?

They pretty much committed to paying one (at year end) if they met guidance they pointed to at the beginning of the year. They have now upgraded guidance again so I’d say its coming.

As to why - well its not something tech companies typically do, but it signals the corner has turned, that the board has listened to calls from shareholders, and perhaps a new chapter in the life of Rakom.