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Me, my two visits to a casino and the Rank Group share price shocker

By Chris Bailey of Financial Orbit | Sunday 16 October 2022

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

I appear pretty useless over the last few years when voting for the next Conservative Party leader (and Prime Minister).  After all a few years back, I voted for Jeremy Hunt (whatever happened to him?!) rather than Boris Johnson and - a couple of months ago - Rishi Sunak got my vote and not Liz Truss (where an even smaller number of members agreed with me).  My big issue with the latter started on day one of the campaigning when she loved up the performance and tactics of the Bank of Japan. Unbelievable…and no wonder the mini-budget of a few weeks ago was such a shocker.  More on politics and the economy and markets over the next few days…but today I want to talk (again) about Rank Group (RNK).

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