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Investment
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Rakon is ‘shark-like’, must keep reinvesting profits

New chair acknowledges investors ‘confused’ by lack of dividend.

Rakon chair Lorraine Witten.

Will Mace Thu, 11 Aug 2022

High-tech manufacturer Rakon announced an earnings forecast upgrade this morning but that may have only intensified questions over why the company hasn’t paid a dividend yet – and doesn’t intend to any time soon.

The company said this morning its underlying earnings for the 2023 financial year

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Will Mace Thu, 11 Aug 2022
Contact the Writer: william@nbr.co.nz
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Rakon is ‘shark-like’, must keep reinvesting profits
Investment,
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