Rakon shares

Now this I find amusing. The Weekend Herald did a big expose on Rakon, and how some of their products are being used in smart bombs, as part of their GPS systems.

I think it was designed to damage Rakon, but as Fran O’Sullivan notes their share price has risen. Up a whole 20c since the weekend, which shows investors are a canny bunch.

Personally I don’t see the objections to what Rakon does. If one is going to have wars, then you are going to have bombs. And if you have to have bombs it is far better than you have smart bombs which hit their intended target than the bombs of old where you just flatten entire cities etc.