Today’s first day to buy back shares, announcement probably to come next week.
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Commenting on the sale, Mr Malouf said he has a lot of respect for Bingo and how they have built their business.
“Bringing together these two Australian companies makes complete sense. I fully support Daniel Tartak the CEO and Bingo’s growth strategy, particularly the vision of a master site as Eastern Creek that can process all waste types,” he said.
“With the infrastructure program in NSW and the new waste levy in Queensland, the market is only going to grow and I’m excited to be on board for the journey.”
BIN Price at posting:
$1.63 Sentiment: Buy Disclosure: Held