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Biffa (garbage collection company)


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On 28/05/2020 at 08:15, martoons said:

hi and thanks for the recommendation. Can you tell me why you think Biffa is a good buy?  thanks :)

Purely on technicals,

Price > 5 SMA > 20 SMA, RSI > 50

Bullish candles, gap higher etc.

Edited by dmedin
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Maybe it will be worth buying again after the effects of the 'secondary IPO offering' have subsided.  I take it that's something to do with diluting the value of shares through issuing more of them.  Right now it's given off a sell signal.

1029311881_BiffaGroupLimited_20200615_09_41.thumb.png.99ea7bd0e127b653c299975f86ae4951.png

 

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