The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Down another 2.5p http://lmmx.co.uk/companies/profile/rangers-international-foofball-club-plc/
that means around 7K walkup fans, that's not going to pay the wages this month
Sports direct don't care much who runs a club playing at iPox, as long as they are paid - they pay to call themselves rangers; they pay to use the stadium and they pay through the merchandise It is beginning to look like removing Mr Llambias and Mr Leach was a very foolish move, this caused a default on the loan which not only lost the Intellectual Property but has also lost the iconic Edmiston House and Car park
Look just how gullible are you? The IPO says in black and whyte that Sports Direct OWNS the intellectual property and LEASES it to Rangers Retail, essentially back to itself, it's a license to print money - best bit is that any unsold stock has to be purchased by the club at a profit to Rangers Retail. Now given what is known about Micky Ashley - do you really believe that the IP will be returned to the club IF the loan is repaid
Aye and call yourself Govan Harp
Admin won't cut it, Liquidation very risky as new club will most likely have to pay Ashley a handsome sum to call itself Rangers
there is no evidence otherwise
What can be said for certain is that Sports Direct OWN the Intellectual Property, being delisted don't expect any negative RNSs
The Intellectual Property is not secured against loans - it is OWNED by Sports Direct
It would be expected to fall anyway, in other news Sevco Scotland now has to pay that nice Mr Ashley to call itself Rangers
why did the indicative pric fall by 3p, as I said take it up with them
I see you are finally getting there
Look son the site reported a 3p reduction on the day - take it up with them, Tuesday the SP was 35.5p
https://www.ipo.gov.uk/tmownerid/search?domain=1&id=48839&app=1&name=SPORTSDIRECT&postcode= oh dear
Who says shares aren't being traded?
was 35.5 yesterday and summary says -3p will be interesting to see how many shares the BPH and Margarita dispose of now delisted Rangers First will get a bargain whilst the institutionals get a handsome profit
Oh dear
http://lmmx.co.uk/companies/profile/rangers-international-foofball-club-plc/ 3p today lost
Nobody is forcing you to buy any shares, time to put on your big girl pants and quit bawwing
would it be odd now if King drops his Court of Session bid to become a director?