BIN 0.00% $3.44 bingo industries limited

Weakness in Bingo, page-30

  1. 203 Posts.
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    That's why BIN dropped today, market was afraid that on the lock up expiry date the Tartaks would sell their stocks on the open market. They said again that they are not selling so false alarm and price will pop again on Monday.

    Further to the ASX Announcement by ("Bingo") (ASX code: BIN) on 17 July 2017 confirming that the Tartak Family has communicated that they have no intention to sell down their shareholding following release from escrow, Bingo advises that the following securities will be released from voluntary escrow on the day when Bingo releases its financial results with respect to the financial year ending 30 June 2018 to ASX in accordance with ASX Listing Rule 3.10A:
    • • 104,700,000 Bingo shares subject to voluntary escrow arrangements at the time that Bingo was admitted to the official list of ASX and as described in Bingo’s Prospectus dated 13 April 2017 (and amended on 24 April 2017)
 
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Currently unlisted public company.

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