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Recon Technology Ltd

Recon Technology Ltd (RCON)

3.36
-0.09
(-2.61%)
At close: October 15 3:00PM
3.36
0.00
( 0.00% )
After Hours: 4:00PM

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RCON News

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RCON Discussion

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Monksdream Monksdream 1 week ago
RCON 10Q due 11 October
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glenn1919 glenn1919 2 months ago
RCON;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;https://stockcharts.com/h-sc/ui?s=RCON&p=W&b=5&g=0&id=p86431144783
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Monksdream Monksdream 4 months ago
RCON 10Q expected July 5
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glenn1919 glenn1919 4 months ago
RCON........................................https://stockcharts.com/h-sc/ui?s=RCON&p=W&b=5&g=0&id=p86431144783
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glenn1919 glenn1919 6 months ago
RCON.....................................https://stockcharts.com/h-sc/ui?s=RCON&p=W&b=5&g=0&id=p86431144783
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Monksdream Monksdream 6 months ago
RCON 10Q due 4/8
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slicknick617 slicknick617 6 months ago
Thank you !!!
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Monksdream Monksdream 6 months ago
This one
https://ih.advfn.com/markets/nasdaq/premarket
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glenn1919 glenn1919 6 months ago
RCON.......................https://stockcharts.com/h-sc/ui?s=RCON&p=W&b=5&g=0&id=p86431144783
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slicknick617 slicknick617 7 months ago
Do you know of any sites that show gaps on stocks that are under a penny ?
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Monksdream Monksdream 7 months ago
RCON 10Q due 4/1 per Seeking Alpha
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Monksdream Monksdream 7 months ago
RCON 10Q due 3/25
Next day settlement begins 5/28 per SEC mandate
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glenn1919 glenn1919 8 months ago
RCON......................................https://stockcharts.com/h-sc/ui?s=RCON&p=W&b=5&g=0&id=p86431144783
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knrorrel knrorrel 8 months ago
great bidding + ASK very thin
👍️ 1
Monksdream Monksdream 1 year ago
RCON new 52 week low
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surfer44 surfer44 2 years ago
Recon Technology Announces Closing of $8 million Registered Direct Offering
March 17 2023 - 02:30PM
PR Newswire (US)

BEIJING, March 17, 2023 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON) ("Recon" or the "Company") announced today the closing of its previously announced registered direct offering with certain accredited investors to purchase approximately $8 million worth of its Class A ordinary shares (or pre-funded warrants to purchase Class A ordinary shares in lieu thereof) in a registered direct offering, and Class A ordinary shares warrants in a concurrent private placement, for proceeds of approximately $8 million. In addition, ordinary share purchase warrants to purchase an aggregate of 7,950,769 ordinary shares previously issued by the Company to certain institutional investors on June 16, 2021 had the exercise price reduced to $0.80 in connection with this offering.

After deducting the placement agent's commission and other offering expenses payable by the Company, the net proceeds to the Company were approximately $7.1 million. The Company intends to use the net proceeds for general corporate purposes, including for the Company's research and development needs for current and future products, expansion of marketing efforts, and possible acquisitions of complementary assets or businesses.

Maxim Group LLC ("Maxim") acted as the sole placement agent in connection with this offering.

The securities described above were offered by the Company pursuant to a shelf registration statement on Form F-3 filed with the Securities and Exchange Commission (SEC) dated December 2, 2022, and declared effective on January 5, 2023. A prospectus supplement related to the offering were filed with the SEC on March 17, 2023 and is available on the SEC's website at http://www.sec.gov. Copies of the prospectus supplements relating to the offering may be obtained, when available, by contacting: Maxim Group LLC, 300 Park Avenue, 16th Floor, New York, NY 10022, by telephone: at (212) 895-3500.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.

About Recon Technology, Ltd.

Recon Technology, Ltd (NASDAQ: Recon) is China's first listed non-state owned oil and gas field service company on NASDAQ. Recon supplies China's largest oil exploration companies, Sinopec (NYSE: SNP) and The China National Petroleum Corporation ("CNPC"), with advanced automated technologies, efficient gathering and transportation equipment and reservoir stimulation measure for increasing petroleum extraction levels, reducing impurities and lowering production costs. Through the years, Recon has taken leading positions on several segmented markets of the oil and gas filed service industry. Recon also has developed stable long-term cooperation relationship with its major clients. For additional information please visit: www.recon.cn.
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surfer44 surfer44 2 years ago
Too compelling. I'm in.
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ErnieBilco ErnieBilco 2 years ago
In @ .401
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makinezmoney makinezmoney 2 years ago
$RCON: Crashing harddddddddddddddd ........... now 0.62

$RCON 0.62 down (-40%) Recon Technology Announces Pricing of $8 million Registered Direct Offering


GO $RCON
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Let’s go Buffalo Let’s go Buffalo 2 years ago
Lots of movement as of late.. ??
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Babubd Babubd 3 years ago
LOW OS AND FLOAT! WON'T SELL UNTIL $17!!

$RCON
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Babubd Babubd 3 years ago
Major turnaround and only green days ahead. Let's goooooo RCON back to $17.50!!
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Babubd Babubd 3 years ago
RCON will EXPLODE UPWARDS any day now! Shares were traded over $15 just couple of months ago.

Let's goooooo RCON back to $17.50!!
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Babubd Babubd 3 years ago
Great things to look forward to for longs for sure!

RCON $17.50!!
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Babubd Babubd 3 years ago
Longs winning in a landslide here!!

Let’s gooooooo RCON back to $17.50!!
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Babubd Babubd 3 years ago
Gonna be an INSANE RISE in SP!! RCON $17.50!!
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Babubd Babubd 3 years ago
RCON To Da MOOOOOOON any day now!! Naked Shorts will be roasted and burned!!! RCON $17.50!!!!
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Babubd Babubd 3 years ago
Today is just the beginning! BOOOOOOOOOM and then KABOOOOOOOOMS are imminent!!

RCON $17.50!!
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Babubd Babubd 3 years ago
Game over Shorts! Hold on your shares folks. MMS are playing games and robing weak hands. RCON will EXPLODE Upwards at any moment.

RCON $17.50!!
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Babubd Babubd 3 years ago
Let's SQUEEZE! RCON may RUN like GME any day now!! Mark my words.
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Babubd Babubd 3 years ago
$17.50++ !! WEEEEEEEEEEEEEEEE!!
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Imott Imott 3 years ago
Personally have decided to work with Sabby, not against!
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PStockPickz PStockPickz 3 years ago
Just wondering $17 mark? ;)
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PStockPickz PStockPickz 3 years ago
Nice form 4
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Babubd Babubd 3 years ago
This gonna EXPLODE to $17+ any day now!! Mark my words.

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Imott Imott 3 years ago
I like to trade RCON while eating what I call Sabby. It is cheese and crackers that are deep fried in pork lard.
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Imott Imott 3 years ago
Short shenanigan only. No sweating it!
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Babubd Babubd 3 years ago
Back to $17.50 any day now!!

Let's gooooooo RCON
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Imott Imott 3 years ago
This small float is going to be locked and we are going large!
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$ubmachine $ubmachine 3 years ago
DD! RCON is China's first NASDAQ-listed non-state owned oil and gas field service company!

Since the ascent in oil and gas costs from the year 2021, RCON’s significant clients, China’s oil organizations’ exhibitions have been improving, Recon’s business is additionally profiting from this pattern.

RCON - what hell of a chart! With just a 11m MC joke !!! (as was IMPP 3 weeks ago with 6 MC...!)
https://stockcharts.com/h-sc/ui?s=RCON

It`s going better - this was @$12 9 month ago...!

RSI(14) going to go to power zone!!!
PPS marked 52 week low last week... now PPS is waking up...!
Last days HEAVY volume comning in - w/ PPS increasing!!!

Recon Technology Ltd Financials
Market Cap $ 11.45M
Shares in Issue 7.20M
Float 25.58M
Revenue $ 7.42M
Profit/Loss -5.07M
EPS $ -0.28
PE Ratio $ -4.0

Recon supplies China's largest oil exploration companies, Sinopec (NYSE: SNP) and The China National Petroleum Corporation ("CNPC"), with advanced automated technologies, efficient gathering and transportation equipment and reservoir stimulation measure for increasing petroleum extraction levels, reducing impurities and lowering production costs. Through the years, RCON has taken leading positions on several segmented markets of the oil and gas filed service industry. RCON also has developed stable long-term cooperation relationship with its major clients, and its products and service are also well accepted by clients.

$$$ RCON huge breakout chart $$$
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$ubmachine $ubmachine 3 years ago
Social buzz up 69%!!! (as of 3/8/22) https://stocktwits.com/symbol/rcon
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$ubmachine $ubmachine 3 years ago
$$$ RCON huge breakout chart $$$ https://stockcharts.com/h-sc/ui?s=RCON" rel="nofollow" target="_blank" >https://stockcharts.com/h-sc/ui?s=RCON
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Imott Imott 3 years ago
52 wk high is $17.50 and we are breaking these highs! Looking good!
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~MulaGreen~ ~MulaGreen~ 3 years ago
RCON is Next INDO HUSA MARPS IMPP,This one has the Highest CASH and Revs Compared the Big Runnerrs todayy.
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WARHAMMER WARHAMMER 3 years ago
RCON- gonna bang soon
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trickledownfacists trickledownfacists 3 years ago
Peep
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Jake L Jake L 3 years ago
RCON - Safe Penny Stocks

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Jake L Jake L 3 years ago
RCON - Update

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outnabout outnabout 3 years ago
$RCON Agree.
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lvhd lvhd 3 years ago
This POS was 17, it should bounce
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