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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
Pop66
Indeed, but that is for them not me. I can take it. As Amers I think pointed out - paper losses only for the holders.
Have more Rank than PFC so another 17p covers my PFC investment in full.
If people invested on what Mary says or sold up on Mary does - goodness - not a great investment strategy at all really. I post what I believe is fair.
Never a recommendation.
I agree Mary, also noticed you getting a bit of flack over at PFC, the problem with many people on these forums is they put eggs in one basket, and do not understand portfolios can give you winners and losers, that being said my portfolio is 25% Rank.
140p agreed should do it.
Yes noticed that
If he is looking to take it over now would be a good time. Valuation is far from demanding.
Wonder if the Thai billionaire richest man who holds 60 per cent is getting ready to make his move
Someone just bought a 5% stake at 71p (23m shares)!
Big action today, a massive sale and the price goes up.??.
Agreed Nick it is very much alive, and when it moves it moves quickly, I thought the trading update was good(definitely not nondescript) with growth across the board in all departments. Rank is the biggest holding in my portfolio by a long way, and I will continue to add as and when it is possible, I have a target of at least £1.50 for Rank, which I do not believe is in the slightest bit unrealistic, and they hopefully should resume dividend payments when appropriate.
It's still very much alive, just needs a bit more customer spending in it's premises (higher end casinos) and general increase in flutters.
With the government giving state benefit pay rises continually then I'm sure some of that will feed through to the recipients spending more on a flutter.
This share is dead.
Nondescript trading statement just published.
What is your job a comedian
Better get these shares while they are so cheap. Rns tomorrow big news on a dividend, just saying so don't tell anyone shhhh
Rank has a Q3 trading statement due to be published on 18 April:
https://www.rank.com/en/investors/financial-calendar.html#category1
Always that way but when it drops and narrow eg 66/72 to 66 67 - BLIND buy
when it rises 72/78 to 76/81 BLIND trim and hopefully within the spread
NOT advice.
Just keep averaging down here and holding for the big BONANZA !!!
£1 party then 130p then £2 - coming at some point IMHO