Mike Daniel still grumpy

From BusinessDesk

Daniel complained to the “ultimate market regulator”, the Financial Markets Authority (FMA). The FMA confirmed it had received a complaint.

Daniel had also repeatedly written to Rakon and its chair, Lorraine Witten, asking for it to at least tell Rakon investors whether the talks continued.

Rakon said in an emailed statement that its board was mindful of and paid close attention to its continuous disclosure obligations to release material information to the market in accordance with the listing rules.

“Rakon is committed to keeping shareholders informed in accordance with those obligations but is otherwise subject to confidentiality restrictions.”