BIN 0.31% $3.23 bingo industries limited

Hi all, Just bought Bin today. Very positive times ahead, i...

  1. 162 Posts.
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    Hi all,
    Just bought Bin today. Very positive times ahead, i think we could climb back to $3.20 where it belongs.
    Regarding SPP, if top 20 shareholders own 91% and Bin is planning to buy $75M worth of shares, wouldnt that mean supply is very limited?
    Which means investors would have to start increasing their bids to get ahold of some BIN shares due to supply issue, thus driving SP higher.
    Am I interpreting this correct?
    Appreciate some explanation as im quite novice in this sphere
 
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Currently unlisted public company.

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