BIN 0.31% $3.23 bingo industries limited

You make this sound like a problem? Why would any investor care...

  1. 395 Posts.
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    You make this sound like a problem?

    Why would any investor care if the SP drops a bit further? Absolutely irrelevant and why should the company put resources into "fighting" a temporary softer share price?

    Are you a trader? Well, than that's your problem. Otherwise - just put your shares into the drawer and don't worry about them. Building a great business takes years, not days as some around here seem to expect.

    Only thing which matters is that the company puts their focus on building a growing and sustainable business, not that they please some nervous traders who anyway won't stay around.

    Buyback only important if they can't do anything better with their time and (our shareholders-) money. As long as there are still a lot of nerveous nellys around they might get tomorrow more shares for our funds than today, No need for them to rush into the BB. I like it if they buy cheap this means a better return for all shareholders;


 
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Currently unlisted public company.

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