BIN 0.31% $3.23 bingo industries limited

if i were the director, i would focus on DADI and the divestment...

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    if i were the director, i would focus on DADI and the divestment requirement first. After that I would see the cash i need to allocate per week for the BB and maintain a trigger price for GS to buy the shares. If the director were to know that the delay of the BB will upset the retail holder, I would not care too much about it as top 20 will keep holding the majority of shares. The lower the share price, the better the BB. Even if it goes to 1.20 again ( because of ubs shorting) I don't think it will stay there for even 1 minutes. BB is the short term play, Dadi is the long term key here ( if you read their ann, you will understand). IMO
    Last edited by AuShareMate: 20/03/19
 
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