As I mentioned earlier, Rank issued a trading report today that has seen their recent problems continue. Sales and admissions are down, and the near future is described as “challenging.” Share prices dropped slightly, but given the speculation that continues about a take over of the company, the drop was comparatively small given the bad […]
Tag: Rank Bingo
UK Property Developer Gets Share Of Rank
More shares news from Rank, over the weekend it was reported that Richardsons Capital had built up a 9.3% stake in the company. The UK company specialise in property development and has traded in the CFDs rather than actual shares. The FT reports that the company director Lee Richardson considers the company grossly undervalued. A […]
As The UK Goes Smoke Free – Rank’s Shares Rise
At 6am yesterday morning England joined the rest of the UK with the introduction of the smoking ban. It’s now illegal to smoke in any enclosed public spaces anywhere in the UK – including the 600+ Bingo halls around the country. We’ve been covering this for a while now, the Bingo industry has been in […]
