BIN 0.31% $3.23 bingo industries limited

Hi 8horse, Tartak bought $20M worth of shares at $1.900 in 2017....

  1. 162 Posts.
    lightbulb Created with Sketch. 78
    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
 
watchlist Created with Sketch. Add BIN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.