Yes another incentive for Ian to work harder for Bingo to make sure he receives those bonuses etc. -DADI Founder Ian Malouf said “I’ve got a real commitment to BINGO’s vision, and this is evidencedby my strong shareholding in the Company -“I’m looking forward to supporting Daniel as a BINGO Board member and I’m excited to help shapethe next stage of BINGO’s journey,” he said. Once all sites are back online in FY20 then we should see some positive changes on the next report. But for now, im happy for FY19 to remain flat as they continue to re-develop and grow further. We could head back to $3 in late FY20, after all it was the ACCC that made the SP dropped 43% gradually from $3.17 to $1.77. This is despite a positive FY 2018 in which the company delivered a 44.8% increase in pro forma profit to $48.2 million Now that all is clear, we should be back with an upward trajectory.
BIN Price at posting:
$1.48 Sentiment: Buy Disclosure: Held
