RAK Rakon

[RGR367]

Finally able to sell some of this Laxarus. A long time wait really for a meager low 5 digit $ gain.

[Cadalac123]

Excellent upgrade!!

Well done to the Rakon Team.

@Cadalac123 your query is partially answered within today's upgrade announcement but also from the previous announcement....

""Rakon also sees significant growth in fibre networks worldwide resulting in unprecedented demand for its Mercury OCXOs.""

It was a rhetorical question...
Companies say a lot of things in their reports.

[Shareguy]

Well another upgrade, Fantastic and over $1.00 finally. Still cheap as chips when you work back the new numbers. I expect we will see some broker research and a lot more interest from funds. Still a real takeover target in my opinion.

[Mel]

Here's hoping, its been a very long wait for those of us that have invested in Rakon over a decade ago!

[sb9]

Here's hoping, its been a very long wait for those of us that have invested in Rakon over a decade ago!

Yeah, can feel some of you guys pain of long suffering holding. This is probably their best opportunity to make good checkered past by careful execution of growth opportunity with benefit of current tailwind in the industries they serve.

And I agree with Shareguy’s view that this one is very good candidate for a takeover.

[SPC]

Robinson family intetests hold a blocking stake so can't see them selling out to a takeover.

[sb9]

Robinson family intetests hold a blocking stake so can't see them selling out to a takeover.

Sure, any takeover will need their support and if the offer is tempting enough they probably wouldn’t say no.

[SPC]

...I'm hoping as well but not holding my breath..

[Wai Wai]

FYI LGL Group is a mini Rakon listed on NYSE (ticker LGL) current Price Earnings Ratio is 61:1
https://finance.yahoo.com/quote/LGL/
Go figure!

[Shareguy]

Is anyone aware of any broker research on this stock yet?