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Rakon investor keeps pressure on board over mystery offer

NZX-listed company received $1.70 non-binding proposal on December 7, with several investors now expressing support.

Rakon CEO Sinan Altug (right) and board member and shareholder Brent Robinson.

Will Mace Fri, 19 Jan 2024

Rakon investor Mike Daniel has again criticised the NZX-listed company for not being more positive in its statements about the potential for an inbound acquisition proposal to progress, calling its latest pronouncement on progress a "Clayton's update".

The company issued a statement on Thursday

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Rakon investor keeps pressure on board over mystery offer
Investment,
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