RE: Turnover today14 Dec 2023 19:11
Rank is my only sentimental share, I think it would have to be a good offer (HOTC style when Mars took them over recently)to tempt the Malaysian majority owners to let it go, that being said any talk of a takeover is pure speculation, but would completely accept why someone might be interested as I believe it is well managed, and well placed in its market. I think the online gaming market is going well for them, their advertising on ITV 4, and Dave has been excellent, and probably reasonably cheap for them to purchase that advertising. COVID was obviously disastrous for them(and others)and they sold a Casino in Belgium, had a big VAT repayment from HMRC, and also did a massively oversubscribed Placing of shares I think 3 years ago at around £1.20, they are one of two or three big players in the Casino game in the UK and Spain, a lot to like here.