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94.6p on the ask
MMs not taking any chances with a 7p spread on an 88p share !!!!!
Something for the weekend?
Seems to be on a roll and not wanting to be short over the weekend.
"Would the majority shareholder table a bid for the whole company?"
Yes but what would be even better is if they say offered to unlock and sell, say 20-30% to the city because that would certainly be at far higher levels. I think it's that majority control that keeps the stock too cheap and many fund managers away.
Always a possibility the big shareholder is equally prepared to offer all their 60% at the right price to a suitor.
Spread looks high this morning.
The trade yesterday(whether a buy or a sell)was for 5% of Rank shares, today we have Guoline increasing by 3%, where did the other 2%(give or take)go, more to come I think.
It’s looking more and more likely but only time will tell
Probably wants the whole 🎂.
Don’t think there will be a bid anytime soon they have been doing this a few times now buying low of fed up holders so don’t be surprised to see it drift down again.Been in and out of these a few times but zero holding atm.
Would the majority shareholder table a bid for the whole company?
RNS confirms the buyer yesterday was Rank's biggest shareholder who now controls over 60% of the company up from 57%
Looks like another blue day. Will be interesting to know what happened with those huge trades yesterday.
Hopefully another blue day tomorrow as the market speculates or someone is in the know?
Interesting to see the sells from those travelling are being mopped up.
This time is seems it is the real deal.
Where is DD ?
Will be too late by then.
Healthy volume today again and who knows, if still accumulating then perhaps another multimillion trade pops up around 11am.
Now that would send it SOARING.
We should hear something today I would expect. Perhaps they are still accumulating? It's put Rank back on investor's attention. I expect many on the side waiting to buy on any potential dips?
After such a big trade you would expect a holdings announcement, the last time there was a big trade(February 1st)Lombard Odious took 5%.
AGREE Mary.
Been flat for a while and then BOOOOM !
BIGGER Boooooooom coming ?
Hope so.
How do you come up with this concept
Bid alert
Must be getting so close to an announcement - surprised no RNS this am & yet the SP is up again.
DYOR
Correction to my post, placing happened at 0.90p(5th November 2020)but was conducted swiftly(24 hours), you had to be on the ball to be involved(which I was not), month after placing share price was £1.60.
Whatever happens here short term with the share price I do not know, but certainly I believe in the long term the current share price will seen as being cheap, Rank raised in 2020, in the middle of the pandemic at £1.10, and it was hugely oversubscribed, without involving shareholders at the time. The business is showing growth in all departments, this will either be taken out or will rise organically, I believe anything under £1 is value with this share, £1.50 is my target price.
Steve 77 if you want a tip look at the Miri board
Should have loaded up, but did get a few at least in the mid 70's, and missed the sub 70p giveaway!!
Hopefully this has some traction now and these bargain days will be gone forever.
I can see the three huge blocks gone through which seemingly show as sells, but someone must have bought?
Whatever is coming, Volume is through the roof!!
Sorry probably wrong I just looked at total sold figure on advfn. Think it's included the 23 as buy, sell, buy and totalled it x 3.
I can only see the 23m shares trade at 71p
60 million sold WTF is going on
Hi Mary, Our paths have crossed a few times.
I sold PFC two weeks ago at a small loss, always a ling shot, I'm 10 % into RANK on your tip so thanks for that, a little JEM in my opinion.
Missed POLB tho, dipped in and out