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0.31% $3.23 bingo industries limited

Director buys, page-4

  1. dedication36
    162 Posts.
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    14/03/19
    23:57
    Post #: 37768315
    Hi 8horse,
    Tartak bought $20M worth of shares at $1.900 in 2017.
    Obviously, the MC at $1.90 in 2017 is less than the MC in 2019 at same $1.90 since more shares have been issued since.
    Does that means it would be harder for the SP to reach back $1.90 as of now than it was to reach in 2017 since now valuation and expectations will be higher.
    Hope this makes sense.
    Last edited by dedication36: 14/03/19
    BIN Price at posting: $1.63 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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