BIN 0.31% $3.23 bingo industries limited

1. there are strong interests for the asset in the market, and...

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    1. there are strong interests for the asset in the market, and if they could, they wont sell the asset;
    2. they have more than sufficient fund to execute the buyback before and even after the acquisition;
    3. the cap raise was priced at $2.5, they will execute the BB once they could at whatever price below 2.5;
    4. I dont know why they havnt started yet, just simply because i dont care that much. why? coz the acquisition will complete this month, stronger than ever cash flow into the company. the lower the share price, the larger EPS will increase over time. oh, and the more shares you can buy with the same amount of cash.
    Last edited by alfred137: 18/03/19
 
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Currently unlisted public company.

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