About this series:
Investors do as they do for lots of reasons. To make money, of course, but investing is challenging, rewarding frustrating and fun. Of the millions of hours of finance-focussed broadcasting out there, not one holds up a mirror to life as an investor. Welcome, then, to iBall.
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About this episode
May 18, 2008
03:08
Learning
The inevitability of death and taxes is a cliche not lost on Rank, they pay double for one and most of their customers are at risk of the other.Bing...
The inevitability of death and taxes is a cliche not lost on Rank, they pay double for one and most of their customers are at risk of the other.Bingo is great fun and massively popular - but the Government likes to charge them VAT as well as the tax on profits levied on gambling firms.When it decides not to - which is possible - we think there is instantaneous value in the shares. Bingo! You might say.
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