I understand BIN's share price has been a little bashed lately, but I certainly don't see any headwinds ahead. Two of the key assets will start adding to the existing EBITDA. This means a guaranteed growth in EPS, even with dilutions. EPS growth is directly correlated to the share price increase. Buyback only reinforces this position.
You have the institution money, which doesn't have longer than six months to wait and sell willy-nilly as they get judged on what happens tomorrow. Retail should always take advantage of that. My view.
If there's isn't new significant CAPEX ahead, this is about $2.20 for me. Not that many care, but BIN is more profit efficient than Cleanaway.
BIN Price at posting:
$1.55 Sentiment: Buy Disclosure: Held
