RAK Rakon

[sb9]

Biden's announcement re $1 Trillion Infrastructure investment which includes broadband (5G) sector should give further boost to Rakon's prospects for FY22 and beyond.

[sb9]

Decent volume over past few days with higher highs, someone's keen to accumulate. Hope some more good news on the way.

[moimoi]

Looks to be making an assault on the $1 resistance. Very positive if it can break through and hold.

Chart constructive, trending up, 10 day SMA turned up thru the 50 day couple of days ago, OBV and RSI rising.

[sb9]

Holy, nearly 4.4% shareholding changed hand pre-market..

88

10,000,000

09:44

SP

[Wai Wai]

Siward sell down to instos ?Liquidity and recognition of value at last

[Rawz]

Holy, nearly 4.4% shareholding changed hand pre-market..

88

10,000,000

09:44

SP

And traded 5% below market price. I was hoping that it would fall below $0.90 so i could buy some. Guess it will now as this trade sets the price no?

[sb9]

And traded 5% below market price. I was hoping that it would fall below $0.90 so i could buy some. Guess it will now as this trade sets the price no?

Usually big lots do get decent discount as its harder to dispose them on market.

[sb9]

Siward sell down to instos ?Liquidity and recognition of value at last

Correct call, they still have another 28mln or so, will they continue sell down further or hold for now?

[moimoi]

effectively got their money back from their investment in Feb 2017.

[Shareguy]

A reminder that it’s the AGM on Thursday. I encourage anyone to either go online at Computershare or to vote themselves and say NO to increase directors fees. Although there has been a turnaround of late, consideration needs to be given to the long-suffering shareholders in this company. In my opinion there should be no pay rises until they start paying dividends. Very disappointing that this has even been raised at this time and shows that the management have little empathy considering the poor results to date. Give us a dividend please.