BIN 0.31% $3.23 bingo industries limited

Shorters would take advantage of profit taking after recent...

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    Shorters would take advantage of profit taking after recent bounce. But they would be thinking to close the position as $75m share buybacks commencing this Friday.



    Bingo Industries Price Target Raised 15% to A$2.08/Share by Morgans
    01/03/2019  12:08PM

    Bingo Industries Price Target Raised 33% to A$2.00/Share by Macquarie
    01/03/2019  10:51AM

    Treasure not trash for Bingo Industries
    Another small cap stock that UBS likes is Bingo Industries Ltd (ASX: BIN), particularly now that the ACCC has approved its acquisition of Dial-A-Dump.

    Bingo has also surprised the market by announcing a $75 million on-market share buyback.

    UBS has a “buy” recommendation on the Bingo share price with a $2.55 price target
 
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Currently unlisted public company.

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