Denfer,
Bingo needs to grow PROFITABLY. Whilst Bingo may be growing, its profitability is under a cloud due to the lack of adequate reserves for bad and doubtful debt. Once management wakes up and cleans up the balance sheet and takes the resulting hits in the P&L, then Bingo will be a reasonable investment. However, all this is highly unlikely under the current management led by Mike Hirst. He's has plenty of opportunities to make his mark but failed to do so which leads me to the conclusion that he is utterly incompetent and has to go.
still the best, page-2
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Last
$11.71 |
Change
0.060(0.52%) |
Mkt cap ! $6.650B | |||
| Open | High | Low | Value | Volume |
| $11.73 | $11.82 | $11.71 | $17.10M | 1.453M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6776 | $11.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.72 | 6970 | 2 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| BEN (ASX) Chart |