Business
Why Bingo, Creso Pharma, Domino’s, & Tyro shares are zooming higher today
The S&P/ASX 200 Index (ASX: XJO) is back on form on Tuesday and charging higher. In late morning trade, the benchmark index is up a solid 1% to 6,730.4 points.
Four shares that are climbing more than most today are listed below. Here’s why they are zooming higher:
Bingo Industries Ltd (ASX: BIN)
The BINGO share price has surged 21.5% higher to $3.33 after a much-speculated takeover approach was made for the waste management company. This morning BINGO revealed that it has received an unsolicited, highly conditional, non-binding, indicative proposal from funds advised by CPE Capital. The indicative cash price currently offered to BINGO shareholders under the proposal is $3.50 per share.
The Creso share price is up 9% to 24…
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